If taxes rise at a faster rate than incomes,consumers will
A) have less disposable income and try to economize.
B) feel more confident in the government and therefore spend more money.
C) more likely be able to afford to take a vacation.
D) recognize that it's the perfect opportunity to buy a car.
E) react by voting for all incumbent members of Congress.
Correct Answer:
Verified
Q112: Gross income refers to
A) the money that
Q118: Disposable income refers to
A) the money that
Q182: Emily had an excellent year as a
Q183: During a recessionary period,which of the following
Q184: Marketers collect and use environmental information to
Q185: Discretionary income refers to
A)the money deducted from
Q188: The recent large increase in _ has
Q189: The Department of Labor monitors consumer expenditures
Q190: Increases in discretionary income can occur as
Q192: In 1970,the typical U.S.household earned about $8,700.In
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents