Which of the following is most likely to result from a sustained and significant increase in national residential property prices, ceteris paribus?
An upward shift of the household consumption function
An increase in the household saving ratio
A contraction along the Aggregate Demand (ADADAD) curve
An inward shift of the Aggregate Demand (ADADAD) curve
40 exam-style questions on Edexcel A A Level Economics 2.2.2 Consumption (C). Each one has a worked solution and a mark scheme showing where the marks go.