The consumption function will shift for all of the following reasons except:
A. a change in a household's real assets.
B. a change in interest rates.
C. expectations of price changes.
D. changes in a household's disposable incomes.
Answer: D
You might also like to view...
Suppose the figure below shows Annie's demand curve for physical therapy. The marginal cost of each visit to the physical therapist is $150. 
If Annie had to pay the entire marginal cost of each visit to the physical therapist, then she would choose to have ______ visits a year.
A. 0 B. 10 C. 25 D. 40
An increase in the discount rate
A) increases the cost of reserves borrowed from the Fed. B) signals the Fed's desire to increase the money supply. C) signals the Fed's desire to lend increased reserves to banks. D) reduces the cost of reserves borrowed from the Fed.
The monopolist faces the market demand curve
a. True b. False Indicate whether the statement is true or false
What are the competitive equilibrium wage and employment level in Figure 31.1?
A. $11; 32 workers. B. $8; 10 workers. C. $4; 13 workers. D. $5; 16 workers.