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The Above Data Indicates That

Question 121

Multiple Choice

The above data indicates that: A) consumers spend 80 percent of their after-tax incomes. B) consumers spend 90 percent of their after-tax incomes. C) a tax reduction will reduce consumption. D) the relationship between consumption and after-tax income is random. The above data indicates that:


A) consumers spend 80 percent of their after-tax incomes.
B) consumers spend 90 percent of their after-tax incomes.
C) a tax reduction will reduce consumption.
D) the relationship between consumption and after-tax income is random.

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