Which of the following would cause an upward shift in the consumption function?

A. A stock market crash
B. An increase in the price level
C. A decrease in disposable income
D. A decrease in the price level

Answer: D

Economics

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Checking deposits at banks are

A) money. B) not money because they are an intangible. C) money only because they are insured by the FDIC. D) not money until they are converted into currency.

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Issuing stock is riskier for corporations since there is a legal requirement to pay dividends.

Answer the following statement true (T) or false (F)

Economics