The Most Important Determinant of a Household's Consumption Spending Is

question 33

Multiple Choice

The most important determinant of a household's consumption spending is:

• A)its disposable income.
• B)the in-kind transfers received by the household.
• C)the level of education of the members of the household.
• D)the interest rate.
• E)the ratio of wage to non-wage income of the household.

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Definitions:

Softening

The process of making something softer or less rigid, often through the addition of moisturizers or water.

Muscle Tissue

A body tissue composed of fibers capable of contracting to effect bodily movement.

Excitability

The ability of a cell or organism to respond to external stimuli and generate a response.

Contractility

The ability of muscle tissue to contract forcefully when stimulated.