Question

if the wage rate rises the consumption function shifts​

Answer 1

Answer:

chnges the wage level:if the wage rates rises the consumption function shifts upward

Explanation:

the workers having high propenity to consume to spend more out of their incresed income and this tends shift the c curved upward

Answer 2

Explanation:

Changes in the Wage Level: If the wage rate rises, the consumption function shifts upward. The workers having a high propensity to consume spend more out of their increased income and this tends to shift the C curve upward.