Which of the Following Statements Concerning the Effects of Demographics

question 79

Multiple Choice

Which of the following statements concerning the effects of demographics on consumption is not true?

• A)The size of the population affects the slope of the consumption function.
• B)The age of the population affects the slope of the consumption function.
• C)Other things equal, the level of consumption will rise with increases in population.
• D)Younger households tend to have higher MPCs than older households.
• E)Older households tend to have higher MPSs than younger households.