Exhibit 8-11 Consumption function In Exhibit 8-11, the shift from C to C' could be caused by a(n):
A)increase in disposable income.
B)expectation of inflation.
C)increase in interest rates.
D)increase in the level of saving.
E)decrease in household wealth.

Question

Exhibit 8-11 Consumption function  In Exhibit 8-11, the shift from C to C' could be caused by a(n):
A)increase in disposable income. 
B)expectation of inflation. 
C)increase in interest rates. 
D)increase in the level of saving. 
E)decrease in household wealth.

Quizplus · Accepted Answer

The Answer of Exhibit 8-11 Consumption function  In Exhibit 8-11, the shift from C to C' could be caused by a(n):
A)increase in disposable income. 
B)expectation of inflation. 
C)increase in interest rates. 
D)increase in the level of saving. 
E)decrease in household wealth.

Exhibit 8-11 Consumption Function in Exhibit 8-11, the Shift