The Investment Function Would Shift Inward to the Left If

question 44

Multiple Choice

The investment function would shift inward to the left if

• A)real disposable income decreased.
• B)interest rates increased.
• C)there was an increase in business taxes.
• D)there was a positive change in productive technology.

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Definitions:

Consumerism

The preoccupation with and an inclination towards the buying of consumer goods.

Economic Prosperity

A state of flourishing financial health and growth, marked by a high level of income, low unemployment, and sustainable development.

1920s

A decade marked by significant cultural, economic, and political changes worldwide, known for economic prosperity, the Prohibition era, and the Jazz Age in the United States.

1950s

A decade marked by post-World War II recovery, significant cultural shifts, economic prosperity in the West, and the heightening of the Cold War.