A minimum wage is an example of a

Public utilities have tended to be vertically integrated producers of electricity

Indicate whether the statement is true or false

According to economists, how does an increase in the inflation rate affect the consumption function?

a. It shifts the function upward. b. It shifts the function downward. c. It causes movement upward along the function. d. It causes movement downward along the function. e. It has no predictable effect on the function.