Author Question: The five most important variables that determine the level of consumption are A) disposable ... (Read 67 times)

SO00 · **on:** Jun 29, 2018

The five most important variables that determine the level of consumption are

A) disposable income, wealth, expected future income, price level, and interest rate.
B) wealth, savings account balances, checking account balances, stock portfolio balances, and bond portfolio balances.
C) government purchases, saving account balances, wealth, interest rates, portfolio balances.
D) government purchases, interest rates, income, taxes, and transfers.

Question 2

The underground economy is also referred to as

A) the informal sector. B) the halfway economy.
C) the net domestic product economy. D) the formal sector.