Which of the Following Statements Is Most Accurate

Multiple Choice

Which of the following statements is most accurate?

A) Most of the variation in consumption spending can be explained by changes in the interest rate.
B) Most of the variation in consumption spending can be explained by changes in disposable income.
C) Most of the variation in consumption spending can be explained by changes in wealth.
D) Most of the variation in consumption spending can be explained by changes in debt.
E) There is no single factor that explains much of the variation in consumption spending.