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mariam bouorm
on Dec 16, 2024

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Which of the following will shift the consumption function upward?

A) A decrease in stock prices
B) An increase in stock prices
C) A higher price level
D) A lower disposable income
E) A higher disposable income

Consumption Function

An economic concept that describes the relationship between total consumption and gross national income.

Stock Prices

The cost at which a share of a company is bought or sold in the stock market, reflecting the market's view of its potential for profitability.

  • Investigate the elements that lead to changes in consumption patterns.
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Areyona EvansDec 17, 2024
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