The Figure Given Below Shows the Consumption Function of a Household.?Figure

question 120

Multiple Choice

The figure given below shows the consumption function of a household.?Figure 9.2

-In Figure 9.2, a decrease in disposable income would be illustrated by:

• A) an upward shift of the consumption function.
• B) a downward shift of the consumption function.
• C) a leftward movement along the consumption function.
• D) a rightward movement along the consumption function.
• E) a movement from point A to point D.

---

Definitions:

Independent Roles

Positions or functions in a group or organization where individuals work autonomously, with minimal dependence on others for the completion of tasks.

Functional Team

A group of individuals with specific roles and expertise, working together towards a common business task or objective, typically within the same department or functional area.

Determinant

An element or factor that decisively affects the nature or outcome of something, often used in the context of identifying causal factors in various fields of study.

Trust and Cooperation

The relationship between individuals or groups characterized by mutual confidence and teamwork towards common goals.