If consumption has fallen, which of the following could be true?
A) Taxes have fallen.
B) Income has fallen.
C) Taxes and income have fallen.
D) Disposable income has risen.

Question

Quizplus · Accepted Answer

If consumption has fallen, it means people are spending less money on goods and services. One reason for this could be a decrease in income, as people may not have as much money to spend. Therefore, choice B is the only option that makes sense. The other options are not necessarily related to a decrease in consumption.

If Consumption Has Fallen, Which of the Following Could Be