Which of the following determinants of the level of consumption is associated with Thorstein Veblen?
A) Credit availability
B) The level of disposable income
C) The stock of liquid assets in the hands of consumers
D) Keeping up with the Joneses
E) Consumer expectations
Correct Answer:
Verified
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A)plus the average
A)Of GDP is government purchases.
B)Of
A)that part of consumption that
A)Since
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