The non-income determinants of consumption include all of the following except one.Which is the exception?
A)net wealth
B)the profitability of new investment
C)the price level
D)expectations
E)the interest rate

Question

Quizplus · Accepted Answer

The profitability of new investment is an income determinant, as it directly affects the amount of disposable income available for consumption. The other options, net wealth, the price level, expectations, and the interest rate, are all non-income determinants that can impact consumption decisions.

The Non-Income Determinants of Consumption Include All of the Following