An Increase in Expected Future Income

question 182

Multiple Choice

An increase in expected future income

• A) decreases consumption expenditure.
• B) increases saving.
• C) shifts the consumption function upward.
• D) shifts the saving function upward.

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Definitions:

Hawaiian

Pertaining to Hawaii, its native people, culture, or language, known for its unique Polynesian heritage and diverse cultural influences.

Eskimo

A term historically used to refer to indigenous peoples inhabiting the Arctic regions of Greenland, Canada, and Alaska, now often considered outdated or pejorative.

Lineage Fusion

A social process where separate lineages or family groups come together to form a larger community or society.

Lineage Fission

The division or splitting of a lineage or social group into two or more new lineages or groups, often over disputes or for other social reasons.