Suppose Autonomous Consumption Increases

question 325

Multiple Choice

Suppose autonomous consumption increases. This increase in autonomous consumption will cause which of the following to occur?

• A) The consumption function shifts up.
• B) The consumption function shifts down.
• C) The consumption function becomes steeper.
• D) The consumption function becomes less steep.

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Definitions:

Critical Thinking

The objective analysis and evaluation of an issue in order to form a judgment, requiring skills such as logic, reasoning, and skepticism.

Unquestioning Obedience

A behavior pattern where individuals comply with instructions or orders from an authority figure without challenge or critical assessment.

Dispositional Traits

Enduring personal characteristics that influence behavior and attitudes across various situations.

Proximity to the Victim

The physical or emotional closeness to someone who has experienced harm, impacting one's response to the victim or the situation.