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Use examples to illustrate your response

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1.Explain the following statement: Changes in disposable income lead to movements along the consumption function while changes in wealth lead to a shift of the consumption function. Use examples to illustrate your response.











Reference no: EM13966723

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Use examples to illustrate your response : Explain the following statement: Changes in disposable income lead to movements along the consumption function while changes in wealth lead to a shift of the consumption function. Use examples to illustrate your response.
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