Which of the Following Shifts the Entire Consumption Function Upwards

question 11

Multiple Choice

Which of the following shifts the entire consumption function upwards?

• A) an increase in income
• B) a decrease in the value of consumer durables
• C) a decrease in consumer confidence
• D) an increase in consumer wealth

---

Definitions:

Installments

Regular partial payments made over a period of time to settle a debt or purchase price, rather than paying the total amount at once.

Proceeds

The total amount of money or assets derived from a transaction or event, often used in the context of sales and financings.

Monthly Payments

Regular payments made every month towards the repayment of a loan, mortgage, or other financial obligation.

Breach Of Contract

The failure of one of the parties to a contract to do what was previously agreed upon.