One of the Effects of a Change in Disposable Income

question 100

Multiple Choice

One of the effects of a change in disposable income could not be a(n)

• A)movement up along the consumption function.
• B)movement down along the consumption function.
• C)change in the amount of consumption expenditures.
• D)upward shift of the consumption function.

---

Definitions:

Discharging

The act of releasing someone from an obligation, such as a debt, duty, or legal liability, often through the payment or fulfillment of what is owed.

Purchase Agreement

A legal document outlining the terms and conditions under which a sale of property will take place.

Parcel

A parcel refers to a package or piece of land, especially one that is part of a larger area or to be used for a specific purpose.