Multiple Choice
Historically,consumption spending in the United States has
A) increased as a percentage of income
B) remained approximately constant as a percentage of income
C) decreased as a percentage of income
D) remained constant over time
E) increased more than income
Correct Answer:

Verified
Correct Answer:
Verified
Q12: When economists say investment is autonomous,they mean
Q72: Actual investment will be larger than planned
Q73: Sarah moves from Upperland,which has no taxes
Q74: The United States,with only one _ of
Q75: The relationship between consumption and income is<br>A)negative
Q77: Which is true of disposable income?<br>A)it excludes
Q78: A household that expects a decrease in
Q79: If incomes in the United States increase,other
Q80: If income increases by $100 and $75
Q81: Which of the following would not shift