________ Shifts the Consumption Function Upward

question 46

Multiple Choice

________ shifts the consumption function upward.

• A)An increase in expected future disposable income
• B)An increase in the real interest rate
• C)A decrease in the marginal propensity to consume
• D)An increase in the price level
• E)An increase in disposable income

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Definitions:

Clicks-and-mortar

A business model that combines both online (clicks) and offline (mortar) presences for improved customer experience.

Brick-and-mortar

Refers to businesses that have physical stores as opposed to or in addition to an online presence.

Brick-and-mortar

Refers to physical stores or businesses that have a tangible presence in the form of a building where customers can visit.

Restaurant

A business establishment where meals or refreshments can be purchased and consumed by the public.