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Originally Posted by Gmanc711
I have a few more questions for any of you economics people out there... this test is really whooping my ass..
1. Which of the follwing with SHIFT the consumption function downward
c. Legislation making credit harder to obtain
d. Lower Tax Rates
e. Techonlogial breakthrough
More to come I'm sure...
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i'd say c, cause that means its harder to get extra money to spend... tech usually makes things cheaper and creates new demand...