Author Question: An upward shift of the consumption function might be caused by: a. an increase in disposable ... (Read 53 times)

B · **on:** Jun 30, 2018

An upward shift of the consumption function might be caused by:
a. an increase in disposable income.
b. a decrease in disposable income.
c. a decrease in the price level.
d. a decrease in household wealth.
e. an increase in the interest rate.

Question 2

All of the following are examples of negative externalities except one. Which is the exception?
a. Water pollution.
b. Your roommate going on a diet.
c. Second-hand smoke.
d. Loud conversation in the workplace.