Sawaal
1
Q:

The most important determinant of consumer spending is

A) consumer expectations B) the level of income
C) the level of household borrowing D) the stock of wealth

Answer:   B) the level of income



Explanation:

The most important determinant of consumer spending is the level of income.

Subject: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO
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