Which One of the Following Will Shift the Consumption Function

question 107

Multiple Choice

Which one of the following will shift the consumption function upward?

• A)Higher interest rates.
• B)An increase in real assets.
• C)Expectations of future economic growth.
• D)Lower capacity utilization rates.
• E)A tax increase.

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Definitions:

Homo Erectus

An extinct species of human that lived approximately 2 million to 100,000 years ago, known for its upright walking ability.

Abstract Modifications

Conceptual changes or adjustments in the way ideas or objects are represented, often used to innovate or solve problems in various fields.

Homo Naledi

An extinct species of human discovered in South Africa, known for its combination of primitive and modern traits.

Clade

A group of organisms believed to comprise all the evolutionary descendants of a common ancestor.