Which of the following will not tend to shift the consumption schedule upward? Select one: a. A currently small stock of durable goods in the possession of consumers. b. The expectation of a future decline in the consumer price index. c. A currently low level of household debt. d. The expectation of future shortages of essential consumer goods.

Which of the following will not tend to shift the consumption schedule upward? Select one: a. A currently small stock of durable goods in the possession of consumers. b. The expectation of a future decline in the consumer price index. c. A currently low level of household debt. d. The expectation of future shortages of essential consumer goods.

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter9: Aggregate Expenditures

Section: Chapter Questions

Problem 4E

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