Which of the Following Events Would Produce an Upward Shift

question 162

Multiple Choice

Which of the following events would produce an upward shift in the consumption function, other things being equal?

• A)An increase in consumer wealth.
• B)A decrease in consumer wealth.
• C)A decrease in autonomous consumption.
• D)Both b and c.

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Definitions:

Behavioural Modelling

A method of teaching or learning new skills and behaviours by mimicking or practicing observed actions.

Sensitivity Training

Programs designed to enhance individuals’ understanding and empathy towards the differences and diversity of others in the workplace.

Team Building

Activities and exercises aimed at enhancing the relationships and efficiency of a team within an organization.

Mentoring

A development relationship where a more experienced individual guides and advises a less experienced person.