Which of the Following Is Evidence That Consumption Depends on Total

question 43

Multiple Choice

Which of the following is evidence that consumption depends on total wealth,and not just on current income?

• A)People save very little for their retirement.
• B)The pre-announced phased-in tax cuts of 1981-83 caused little change in consumption in 1981.
• C)A drop in consumer confidence, with unchanged current income, often causes total consumption spending to fall.
• D)all of the above
• E) none of the above

---

Definitions:

Physical Agents

Natural or manufactured sources of energy such as heat, light, sound, and radiation, used therapeutically to treat various medical conditions.

Physical Medicine

A branch of medicine focused on the diagnosis, treatment, and prevention of disease and disabilities using physical methods such as exercises, massage, and other therapies.

Diseases

Medical conditions characterized by specific signs and symptoms that affect the body's structure or function.

Nervous System

The complex network of nerves and cells that transmits signals between different parts of the body, coordinating its actions and sensory information.