Household consumption primarily depends on:

Question

Quizplus · Accepted Answer

Household consumption primarily depends on disposable income, which is the income left over after taxes and other mandatory deductions. Disposable income determines the amount of money a household has available to spend on goods and services. The other options, such as the interest rate, marginal propensity to import, and credit card debt, can influence consumption to some extent but are not the primary determinants.

Household Consumption Primarily Depends On