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In Germany, Expected Future Income Increased During 2010

Question 69

Multiple Choice

In Germany, expected future income increased during 2010.This increase lead to


A) a movement upward along the consumption function.
B) a movement downward along the consumption function.
C) an upward shift of the consumption function.
D) a downward shift of the consumption function.
E) no movement along the consumption function and no shift of the consumption function.

Correct Answer:

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