Which of the Following Would Not Shift the Consumption Function

question 3

Multiple Choice

Which of the following would not shift the consumption function?

• A)a change in net wealth
• B)a change in interest rates
• C)a change in the price level
• D)a change in expectations
• E)a change in disposable income

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Definitions:

Unrelated Products

Products that belong to different markets or sectors, showing no direct connection or use relation.

New Customers

Individuals or entities that have never purchased from or engaged with a brand or business before.

Existing Products

Products that are currently available in the market, developed and sold by companies.

Existing Customers

Individuals or entities that have previously made purchases from a business and may continue to do so.