Figure 6.1 In Figure 6.1 an Increase in Real Income Is Shown

question 1

Multiple Choice

Figure 6.1
In Figure 6.1 an increase in real income is shown by:

• A)a shift of the curve up and to the right.
• B)rotating the curve out the real consumption axis.
• C)a shift of the curve inward and to the left.
• D)rotating the curve up the real saving axis.

---

Definitions:

Operating Assets

Assets that are used by a company in its day-to-day operations to generate revenues, such as buildings, machinery, and equipment.

Minimum Required Rate

The lowest return rate that a project or investment must yield to be considered viable or acceptable.

Net Operating Income

A financial metric that calculates a company's profit after operating expenses are subtracted from its operating income.

Operating Assets

Assets used by a business in its day-to-day operations to generate income, including property, plant, and equipment but excluding investments and non-operational assets.