-The above data indicates that:
A) consumers spend 80 percent of their after-tax incomes.
B) consumers spend 90 percent of their after-tax incomes.
C) a tax reduction will reduce consumption.
D) the relationship between consumption and after-tax income is random.

Question

-The above data indicates that:
A) consumers spend 80 percent of their after-tax incomes. 
B) consumers spend 90 percent of their after-tax incomes. 
C) a tax reduction will reduce consumption. 
D) the relationship between consumption and after-tax income is random.

Quizplus · Accepted Answer

The Answer of 
-The above data indicates that:
A) consumers spend 80 percent of their after-tax incomes. 
B) consumers spend 90 percent of their after-tax incomes. 
C) a tax reduction will reduce consumption. 
D) the relationship between consumption and after-tax income is random.

-The Above Data Indicates That