A Movement Upward Along the Consumption Function Can Be Caused

question 81

Multiple Choice

A movement upward along the consumption function can be caused only by a(n)

• A)increase in disposable income.
• B)decrease in disposable income.
• C)decrease in the price level.
• D)increase in the price level.

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Definitions:

Forecasted Sales

An estimate of the amount of revenue that a company expects to generate from the sale of goods or services in a future period.