Which of the following variables does NOT have a direct effect of changing consumption expenditure?
A) expected future income
B) expected future profits
C) wealth
D) disposable income

Question

Quizplus · Accepted Answer

Expected future profits would have a direct effect on investment expenditure rather than consumption expenditure. The other variables listed (expected future income, wealth, and disposable income) all have a direct effect on consumption expenditure.

Which of the Following Variables Does NOT Have a Direct