Which of the Following Will Shift the Consumption Function Upward

question 150

Multiple Choice

Which of the following will shift the consumption function upward?

• A)A lower interest rate
• B)An increase in the interest rate
• C)An increase in disposable income
• D)A decrease in disposable income
• E)Expectations of lower prices in the future

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Definitions:

High Intelligence

The possession of elevated cognitive abilities or an above-average score on various standardized tests designed to measure intelligence.

Cognitive Model

A framework in psychology that explains mental processes, behaviors, and disorders through the examination of mental functions and thought processes.

Unconditioned Stimulus

An unconditioned stimulus is a stimulus that naturally and automatically triggers a response without prior learning.

Stimulus Discrimination

The ability to distinguish between different stimuli, even if they are similar, often used in the context of learning and behavior modification techniques.