Spending

Question 1

Consumption occurs when

Revolt · Accepted Answer

disposable income is spent on consumer goods and services.

Question 2

Estella just got a raise from her employer. [___]

Revolt · Accepted Answer

spend more; Estella just got a raise from her employer.: save more; Many people at Isabella’s company have gotten laid off recently.: spend more; Gil is confident in overall market conditions.: spend more; The prices of homes in Amir’s neighborhood are declining.: spend more; Riley wants to buy a new car within the next year.: save more

Question 3

Which formula accurately represents disposable income?

Revolt · Accepted Answer

income – income tax = disposable income

Spending Answers

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