Which of the Following Could Cause a Decrease in Consumption

question 109

Multiple Choice

Which of the following could cause a decrease in consumption?

• A) Income increases.
• B) Interest rates increase.
• C) Wealth increases.
• D) Expected future income increases.

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Definitions:

Nearest 0.01%

A method of rounding numbers to the closest hundredth of a percent.

Coffee Fund

Informally refers to a pool of money collected for buying coffee or sometimes used as a casual fund for small group expenses.

Allocated

Distributed or assigned for a specific purpose or to a particular person.

Compute

To calculate or process information, often using a computer or mathematical algorithms.