3. How will each of the following factors influence the consumption schedule?

(a) The expectation that consumer prices will rise more rapidly in the future

(b) Pessimism about future employment conditions

(c) A reduction in income taxes

(d) An increase in the interest rate

(e) A decline in stock prices

(f) A redistribution of income from older workers (age 45 and over) to the young (less than 3 5)

(g) A redistribution of income from the wealthy to the poor