A Once-And-For-All Jump in the Price Level Would Initially Cause

question 72

Multiple Choice

A once-and-for-all jump in the price level would initially cause a(n)

• A)upward shift in the consumption function.
• B)upward movement along the consumption function.
• C)downward shift in the consumption function.
• D)downward movement along the consumption function.

---

Definitions:

Emotional Symptoms

Expressions of distress or discomfort which are not purely physical, including feelings of anxiety, sadness, or anger.

Physical Symptoms

Tangible or observable signs of a medical condition or disease, often affecting the body.

Fight-or-Flight Response

A bodily response triggered by a recognized threat, harmful occurrence, or a challenge to one's survival.

Everyday Annoyances

Minor irritations or frustrations that occur in daily life.