Consumption expenditures are a function of ________.
A)the real interest rate
B)disposable income
C)autonomous consumption
D)all of the above
E)none of the above

Question

Quizplus · Accepted Answer

Consumption expenditures are influenced by various factors including the real interest rate, which affects the cost of borrowing and saving; disposable income, which is the income available to households after taxes and transfers; and autonomous consumption, which is the consumption that occurs even when income is zero. Therefore, all of the options listed are correct.

Consumption Expenditures Are a Function of ________