In Germany, Expected Future Income Increased During 2010

question 136

Multiple Choice

In Germany, expected future income increased during 2010.This increase lead to

• A) a movement upward along the consumption function.
• B) a movement downward along the consumption function.
• C) an upward shift of the consumption function.
• D) a downward shift of the consumption function.
• E) no movement along the consumption function and no shift of the consumption function.

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Definitions:

Organization

A structured group of people who come together to achieve common goals through a division of labor and a hierarchy of authority.

Community

A group of people living in the same place or having a particular characteristic in common, often sharing a sense of identity or belonging.

Collegial Model

A framework of governance or organization characterized by equal sharing of responsibility among colleagues.

Self-Discipline

Self-discipline is the ability to control one's feelings and overcome one's weaknesses; it refers to the capacity to pursue what one thinks is right, despite temptations to abandon it.