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Ernst Engel's Laws Generally Have Been Supported by Recent Studies

Question 121

Multiple Choice

Ernst Engel's laws generally have been supported by recent studies.He discovered that as family income rises,the percentage spent on ________ declines and the percentage spent on ________ remains about constant.


A) food;clothing
B) clothing;recreation / entertainment
C) savings;transportation
D) food;housing
E) recreation / entertainment;savings

Correct Answer:

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