One of the Major Thinkers Who Challenged the Idea That

question 87

Multiple Choice

One of the major thinkers who challenged the idea that manual labor was contemptible was ______________.

• A) Jean Jacques Rousseau
• B) Benjamin Franklin
• C) Denis Diderot
• D) Immanuel Kant
• E) James Watt

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Definitions:

Disposable Income

Money freed up for households to allocate towards savings and spending after income tax removal.

Induced Consumption

The portion of consumer spending that rises when disposable income rises and falls when disposable income decreases.

Autonomous Consumption

The minimum level of spending that must occur, even if a household has no income.

Disposable Income

The sum households have for expenditures and savings after taxes on income are deducted.