An Increase in the Income-Dependent Portion of the Consumption Function

question 35

Multiple Choice

An increase in the income-dependent portion of the consumption function would correspond to a

• A)Shift of the consumption function upward.
• B)Shift of the consumption function downward.
• C)Movement along the consumption function to the right.
• D)Movement along the consumption function to the left.

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Definitions:

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