Author Question: When the real interest rate rises, there is A) neither a shift of the consumption function nor a ... (Read 60 times)

stevenposner · **on:** Jun 29, 2018

When the real interest rate rises, there is

A) neither a shift of the consumption function nor a movement along the consumption function.
B) a downward shift of the consumption function.
C) a downward movement along the consumption function.
D) an upward shift of the consumption function.
E) an upward movement along the consumption function.

Question 2

The Latin term ceteris paribus means

A) obviously true.
B) what is true of the whole is not necessarily true of the parts.
C) false unless proven true.
D) other things remaining the same.
E) after this, therefore because of this.