If the Consumption Schedule Shifts Downward, and the Shift Was

question 146

Multiple Choice

If the consumption schedule shifts downward, and the shift was not caused by a tax change, then the saving schedule

• A)may shift either upward or downward.
• B)will shift downward.
• C)will shift upward.
• D)will not shift.

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Definitions:

Independent Variable

The factor in a study that the scientist alters to examine its impact on the outcome variable.

Control

The capacity to affect how people act or the progression of occurrences.

Control Group

In experimental research, the group of subjects that does not receive the treatment being tested, serving as a benchmark for measuring the effect of that treatment.

Experimental

Pertaining to or based on experiments, which are structured and controlled tests or investigations to establish or test a hypothesis.