Which of the following will raise consumer expenditure?
A)an increase in interest rates
B)a general decline in housing prices
C)an increase in expected future income
D)an increase in the price level

Question

Quizplus · Accepted Answer

An increase in expected future income will raise consumer expenditure because consumers will feel wealthier and more secure about their financial future, leading to an increase in current spending.

Which of the Following Will Raise Consumer Expenditure