a. households expect an increase in the minimum wage in the future.
b. the marginal propensity to save decreases.
c. the marginal propensity to consume increases.
d. households expect a decrease in the minimum wage in the future.
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Home » Business » The consumption function will shift down if: a. households expect an increase in the minimum wage in the future. b. the marginal propensity to save decreases. c. the marginal propensity to consume increases. d.