The aggregate consumption function will shift upward if, all other things remaining the same, the marginal propensity to consume decreases. None of the choices given are correct the marginal propensity to save increases. disposable incomes increase

The aggregate consumption function will shift upward if, all other things remaining the same, the marginal propensity to consume decreases. None of the choices given are correct the marginal propensity to save increases. disposable incomes increase

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

The aggregate consumption function will shift upward if, all other things remaining the same,

the marginal propensity to consume decreases.

None of the choices given are correct

the marginal propensity to save increases.

disposable incomes increase

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