Which one of the following will shift the consumption function upward?
a. Higher interest rates.
b. An increase in real assets.
c. Expectations of future economic growth.
d. Lower capacity utilization rates.
e. A tax increase.
b
Economics
You might also like to view...
The financial situation at Starbucks in the late 2000s illustrates the fact that maintaining long-run profits in a monopolistically competitive market is
A. very difficult. B. impossible. C. almost always guaranteed. D. fairly easy.
Economics
The European Union is seen as a less than optimal currency area because
A) of a lack of labor mobility and fiscal integration. B) of a lack of fiscal integration and capital mobility. C) of disagreements over fiscal policy and trade restrictions. D) of the national identity lost with the euro.
Economics