If Expectations of Future Income Become More Optimistic,which of the Following

question 168

Multiple Choice

If expectations of future income become more optimistic,which of the following would occur?

• A) Nothing would occur.
• B) The consumption-income line would shift downward.
• C) The consumption-income line would shift upward.
• D) There would be an rightward movement along the consumption-income line.
• E) There would be a leftward movement along the consumption-income line.

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