Rahman Practice Questions

15 refer to figure 11 3 which of the following could

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Unformatted text preview: ___ 15. Refer to Figure 11-3. Which of the following could explain the shift from C1 to C2? a. An increase in disposable income b. An increase in net taxes that increases the marginal propensity to consume c. A decrease in net taxes that increases the marginal propensity to consume d. An increase in net taxes that increases autonomous consumption spending e. A decrease in net taxes that increases autonomous consumption spending. ____ 16. Which of the following would lead to an upward shift of the consumption-income line? a. A decrease in income b. A decrease in population c. An...
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This note was uploaded on 02/07/2014 for the course ECON 1020-02 taught by Professor Rahman during the Spring '13 term at Tulane.

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