Answer to Question #134332 in Macroeconomics for Valerie

Question

Which of the following is likely to shift the consumption schedule upwards?
[1] A currently large stock of durable goods in the possession of consumers. [2] Consumer prices are expected to rise.
[3] Expectations of a fall in interest rates.
[4] The expectation of a future rise in the consumer price index.

Answer 1

[3] Expectations of a fall in interest rates.