An increase in the value of financial assets. 1The most important determinant of consumer spending is. 13 1 Determining The Level Of Consumption Principles Of Macroeconomics B consumption schedule will shift downward by 20 billion. . G The expected decrease in benefits will cause households to save more. Consumption schedule will shift up and the saving schedule down. C consumption schedule will shift downward by 25 billion. D Though this did not happen after October 19 1987 a sharp decline in stock prices can normally be expected to decrease consumer spending because of the decrease in wealth. At an 800 level of disposable income the level of saving is. Lead to an upward movement along the consumption function. C up to a point consumption exceeds income but then falls below income. An increase in real and financial assets D. The most important determinant of consumption and saving is the. ...