Last year,the Parker family used to eat at nice restaurants almost four times a week.Even though Mr.Parker received a 2 percent raise,the cost of living rose by 4 percent and property taxes went up in their area.As a result,the family now eats most of their meals at home,dining out only a few times a month.This reflects

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The Parker family's change in dining habits is due to a loss of discretionary income caused by the combination of a small raise and a higher cost of living.

Last Year,the Parker Family Used to Eat at Nice Restaurants