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Determinants of Consumption and Saving
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Determinants of Consumption and Saving
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15. Income and Consumption / Determinants of Consumption and Saving / Problem 8
Problem 8
Which of the following factors can cause the consumption function to shift upward?
A
An unexpected increase in stock prices.
B
A decrease in disposable income.
C
An increase in interest rates.
D
A decrease in consumer confidence.
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