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

The option that is likely to shift the consumption schedule upwards is option d, which involves the expectation of a future rise in the consumer price index. This expectation encourages consumers to spend now, anticipating higher prices later. Other options would likely either discourage spending or maintain current consumption levels. ;

Answered by GinnyAnswer | 2025-07-06

The option likely to shift the consumption schedule upwards is option D, which involves the expectation of a future rise in the consumer price index. This expectation encourages consumers to spend now, anticipating higher prices later. Other options would likely discourage spending or maintain current consumption levels.
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Answered by Anonymous | 2025-07-07