Which of the following is not a primary determinant of consumption spending?
A) Interest rates on savings
B) Real income
C) Wealth
D) Rate of return on capital

Name: Which of the following is not a primary determinant of consumption spending? A) Interest rates on savings B) Real income C) Wealth D) Rate of return on capital
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Question

Quizplus · Accepted Answer

Rate of return on capital is not a primary determinant of consumption spending. The primary determinants are interest rates on savings, real income, and wealth.

Which of the Following Is Not a Primary Determinant of Consumption