Which of the following is NOT nonincome-determined spending?
A) Business investment spending.
B) Household spending from wages.
C) Household spending from transfer payments.
D) Government purchases of goods and services.

Question

Quizplus · Accepted Answer

Household spending from wages is income-determined spending, as it directly depends on the income (wages) that households receive. The other options (A, C, D) are considered nonincome-determined spending because they do not directly depend on current income levels.

Which of the Following Is NOT Nonincome-Determined Spending