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    Macroeconomics Study Set 22
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    Exam 1: Limits, Alternatives, and Choices
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    -The Above Data Suggest That
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-The Above Data Suggest That

Question 154

Question 154

Multiple Choice

  -The above data suggest that: A)  consumption varies inversely with after-tax income. B)  consumption varies directly with after-tax income. C)  consumption and after-tax income are unrelated. D)  a tax increase will increase consumption.
-The above data suggest that:


A) consumption varies inversely with after-tax income.
B) consumption varies directly with after-tax income.
C) consumption and after-tax income are unrelated.
D) a tax increase will increase consumption.

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