Which of the Following Would Not Shift the Consumption Function

question 96

Multiple Choice

Which of the following would not shift the consumption function upwards?

• A)an increase in wealth
• B)an increase in disposable income
• C)a decrease in the price level
• D)a decline in the interest rate
• E)a more optimistic outlook about the future

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Definitions:

Foreign Corrupt Practices Act

A U.S. law that prohibits companies from bribing foreign officials to obtain or retain business.

General Agreement

A broadly defined consensus or mutual understanding between parties on a range of issues or terms of engagement.

Building Trust

The process of establishing confidence in an entity's integrity, reliability, and competency over time within relationships.

Tariffs

Taxes imposed by a government on imported or exported goods, usually to protect domestic industries or to generate revenue.