Which of the following will not cause the consumption schedule to shift?
A)a sharp increase in the amount of wealth held by households
B)a change in consumer incomes
C)the expectation of a recession
D)a growing expectation that consumer durables will be in short supply
Answer:B
Which of the following will not cause the consumption schedule to shift?
A)a sharp increase in the amount of wealth held by households B)a change in consumer incomes C)the expectation of a recession D)a growing expectation that consumer durables will be in short supply