Ask Question
28 May, 21:25

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.

+1
Answers (1)
  1. 28 May, 23:15
    0
    B. A change in consumer incomes.

    Explanation:

    Consumption schedule is the table of the numbers which shows relation between the consumption expenditures and the income for household sector.

    The shift in consumption schedule is result of the change in one of non income determinate of the consumption like the change in wealth, taxation, expectations, or household debt.

    Hence, Options A, C and D are the cause of the consumption schedule to shift.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “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. ...” in 📙 Social Studies if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers