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Homework (CH O8) 6, Consumption function and non-income determinants The following graphs show an economy's initial position at point A along its consumption function { CF). Suppose a new free trade agreement allows the economy to import cheaper goods from overseas, thereby decreasing the general price level. Adjust the following graph by either shifting the consumption function curve or the initial point on the consumption curve (A) to Wustrate the im a fall in the price level. REAL CONSUMPTION SPENDING [ Billions of dollars) O Consumption Function Consummation Function