Which of the following best synthesizes the impact of low real interest rates on the consumption function?

• A. Low real interest rates lead to increased saving, shifting the consumption function downward.
• B. Low real interest rates lead to increased borrowing and consumption, shifting the consumption function upward.
• C. Low real interest rates have no effect on the consumption function.
• D. Low real interest rates lead to decreased borrowing and consumption, shifting the consumption function downward.

Answer: (B)