Consumer spending is directly (positively) related to which of the following?
A)wealth and income
B)the interest rate
C)the unemployment rate
D)apprehensions about the job market

Question

Quizplus · Accepted Answer

Consumer spending is positively related to wealth and income. As consumers have more money, they tend to spend more, leading to an increase in overall consumer spending. The interest rate, unemployment rate, and apprehensions about the job market can all have an impact on consumer spending, but they do not have a direct positive relationship like wealth and income.

Consumer Spending Is Directly (Positively) Related to Which of the Following