An Increase in Autonomous Consumption

question 129

Multiple Choice

An increase in autonomous consumption

• A)shifts the consumption function upward.
• B)shifts the consumption function downward.
• C)creates a movement downward along the consumption function.
• D)creates a movement upward along the consumption function.
• E)changes the slope of the consumption function.

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Definitions:

Free Will

The concept or belief that humans are capable of making choices or decisions independently of any pre-existing destiny, fate, or divine intervention.

Termination Charges

Fees that may be imposed for ending a service or contract earlier than specified in the agreement.

Resigned

The act of voluntarily leaving a position or job, often submitted in writing to the employer.

Statement Of Fact

A declaration that something is true, which can be verified objectively through evidence or investigation.