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Changes in the subjective or objective factors

Question:

Changes in the subjective or objective factors

A.

never affect consumption function

B.

always cause downward shift in consumption function

C.

always cause upward shift in consumption function

D.

they cause upward or downward shifts in consumption function

Answer» d. they cause upward or downward shifts in consumption function

Note: The above multiple-choice question is for all general and Competitive Exams in India