The Demand for Current Consumption,as Plotted Against the Interest Rate,shifts

question 35

Multiple Choice

The demand for current consumption,as plotted against the interest rate,shifts to the right due to all of the following except

• A) a decrease in current taxes.
• B) a increase in future taxes.
• C) an increase in current income.
• D) an increase in future income.

---

Definitions:

Secured Party

An individual or institution that holds an interest in a secured asset or collateral to secure repayment of a loan or other credit extension.

Collateral

Assets pledged by a borrower to secure a loan or other credit, and subject to seizure on default.

Perfected Through Possession

A legal status indicating that a party's interest in a piece of property or an asset is fully secured and acknowledged legally because they possess it.

Stocks

Equity investments representing ownership interests in corporations, giving shareholders a claim on the company's earnings and assets.