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Exhibit 8-12 Consumption Function in Exhibit 8-12, Which of the Following

Question 192

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Exhibit 8-12 Consumption function Exhibit 8-12 Consumption function   In Exhibit 8-12, which of the following could cause the movement from C<sub>1</sub> to C<sub>2</sub>? A) Higher wealth. B) Higher interest rates. C) Higher taxes. D) A technological breakthrough. E) Expectations of future economic growth. In Exhibit 8-12, which of the following could cause the movement from C1 to C2?


A) Higher wealth.
B) Higher interest rates.
C) Higher taxes.
D) A technological breakthrough.
E) Expectations of future economic growth.

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