A decrease in the price level will
A)shift the consumption function upward
B)make the consumption function steeper
C)result in a movement upward along the consumption function
D)result in a movement downward along the consumption function
E)have no effect on the consumption function

Question

Quizplus · Accepted Answer

The Answer of A decrease in the price level will
A)shift the consumption function upward
B)make the consumption function steeper
C)result in a movement upward along the consumption function
D)result in a movement downward along the consumption function
E)have no effect on the consumption function

A Decrease in the Price Level Will