According to the Textbook, Which of the Following Couples Is

question 167

Multiple Choice

According to the textbook, which of the following couples is most likely to choose NOT to have children?

• A) Brian, a Web designer for a large corporation, and Dagmar, a lawyer
• B) Carl, a poet, and Margo, a physics professor
• C) Tom, a farmer, and Crystal, a doctor
• D) Ted, a daycare worker, and Susan, a daycare worker

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Definitions:

Disposable Income

The liquidity pool available for households to channel into saving and spending after income tax deductions.

Induced Consumption

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

Disposable Income

The amount of money left for spending and saving after income taxes have been deducted.

Autonomous Consumption

The level of consumption that does not change with fluctuation in income; it is the consumption level when income is zero.