The Consumption Function Will Shift with

question 308

Multiple Choice

The consumption function will shift with

• A)an increase in real disposable income.
• B)a change in saving.
• C)a decrease in real disposable income.
• D)a change in household wealth.

---

Definitions:

4%

An interest rate or percentage representing a part of a whole, especially in the context of financial rates.

C$ Per US$

The exchange rate determining how much Canadian dollars (C$) you can exchange for one US dollar (US$).

Exchange Rate

The financial value of one currency in the context of another for the purpose of exchange.

C$0.005

Represents a monetary value of five one-thousandths of a Canadian dollar.