Which of the Following Would Not Shift the Consumption Function

question 96

Multiple Choice

Which of the following would not shift the consumption function upwards?

• A)an increase in wealth
• B)an increase in disposable income
• C)a decrease in the price level
• D)a decline in the interest rate
• E)a more optimistic outlook about the future

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Definitions:

Chemical Process

A series of chemical reactions or changes that lead to the transformation of one set of chemical substances to another.

Biological Process

A series of actions or steps taken by living organisms to sustain life.

Neuron

A specialized cell transmitting nerve impulses; a nerve cell.

Receptor

A protein molecule that receives and responds to chemical signals, such as hormones or neurotransmitters, within the body.