Which of the Following Will Not Shift the Consumption Function

question 100

Multiple Choice

Which of the following will not shift the consumption function?

• A)A change in household wealth
• B)A change in the price level
• C)A change in household disposable income
• D)A change in the level of unemployment
• E)A change in the rate of interest

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Definitions:

Staffing Decisions

The process of planning, recruiting, selecting, and positioning employees within an organization to ensure the right person is in the right job.

Contrast Error

A type of appraisal or judgment bias where the evaluation of one person is unduly influenced by the comparison with another that has recently been appraised.

Problem-Solving Approach

A methodical process of identifying a problem, brainstorming solutions, and implementing the most effective resolution.

Feedback

Information provided regarding aspects of one’s performance or understanding, which can be used as a basis for improvement.