Business, 14.12.2019 03:31, julianl25646

The consumption function will shift down if:
a. households expect an increase in the minimum wage in the future.
b. the marginal propensity to save decreases.
c. the marginal propensity to consume increases.
d. households expect a decrease in the minimum wage in the future.

Answers: 3

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The consumption function will shift down if:
a. households expect an increase in the minimum...