The value of consumption at each level of disposable personal income, all other determinants of consumption unchanged, is shown by the:

For the past several decades, the U.S. M1 multiplier has been between

A) 1.0 and 2.0. B) 2.5 and 3.0. C) 3.0 and 6.0. D) 6.5 and 10.0.

A change in which of the following shifts the demand curve?

A) the number of sellers in the market B) the price of the resources used to produce the product C) the technology with which the product is produced D) the tastes and preferences of consumers