Statement I.Compared to 1955,a lower percentage of consumer spending is on nondurable goods today.
Statement II.Compared to 1955,slightly less of a percentage of consumer spending is on durable goods today.
A) Statement I is true and statement II is false.
B) Statement II is true and statement I is false.
C) Both statements are true.
D) Both statements are false.
Correct Answer:
Verified
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A)Most Americans
A)durable goods.
B)nondurable
