The Consumption Function Shifts Down If _____ Fall(s)

question 10

Multiple Choice

The consumption function shifts down if _____ fall(s) .

• A) taxes
• B) autonomous consumption
• C) government spending
• D) none of the above

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Definitions:

Identifying

The process of recognizing and naming someone or something.

Basic Motivation

The fundamental drives and psychological needs that prompt an individual to take action or behave in certain ways.

Self-Actualization

Actualizing one's full abilities and potential, felt as a compelling need or motivation inherent in all people.

Instinct

An innate, typically fixed pattern of behavior in animals in response to certain stimuli.