Although consumer spending has averaged about 90 percent of disposable income,in recent years the percentage of disposable income claimed by consumption has
A)risen to about 96 percent
B)risen to 100 percent
C)risen to 99 percent
D)fallen to about 76 percent
E)risen to about 98 percent

Question

Quizplus · Accepted Answer

The question suggests that in recent years, consumer spending has increased as a percentage of disposable income. The only answer that reflects an increase in the percentage of disposable income claimed by consumption is A, which states that it has risen to about 96 percent.

Although Consumer Spending Has Averaged About 90 Percent of Disposable