Which One of the Following Would Shift Your Consumption Function

question 388

Multiple Choice

Which one of the following would shift your consumption function in an upward direction?

• A) an increase in your wealth
• B) a decrease in your wealth
• C) an increase in your real disposable income
• D) a decrease in your real disposable income

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Definitions:

Inspired Air

Air that is inhaled into the lungs, containing oxygen which is essential for the respiratory process in living organisms.

Oxygen

A chemical element with symbol O and atomic number 8, essential for respiration in most living organisms and required for combustion.

Carbon Dioxide

A gas that is clear and does not have a smell, created when carbon and organic compounds burn and through the breathing process, and taken in by plants for photosynthesis.

Pulmonary Veins

Blood vessels that carry oxygenated blood from the lungs to the left atrium of the heart.