According to Economists, How Does an Increase in the Inflation

question 186

Multiple Choice

According to economists, how does an increase in the inflation rate affect the consumption function?

• A)It shifts the function upward.
• B)It shifts the function downward.
• C)It causes movement upward along the function.
• D)It causes movement downward along the function.
• E)It has no predictable effect on the function.

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