_____ is the primary determinant of consumption and is usually measured in terms of current disposable income.
A)Household income
B)Wealth
C)Expectation
D)Interest rate
E)Tax liability

Question

Quizplus · Accepted Answer

Household income is the primary determinant of consumption as consumption depends on the current disposable income that households have available to spend on goods and services. Wealth, expectations, interest rates, and tax liability can also influence consumption, but household income has the strongest correlation with consumption behavior.

_____ Is the Primary Determinant of Consumption and Is Usually