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Answer the Question on the Basis of the Following Data

Question 166

Multiple Choice

Answer the question on the basis of the following data. Answer the question on the basis of the following data. The data indicate that A) consumers spend 80 percent of their after-tax incomes. B) consumers spend 90 percent of their after-tax incomes. C) a tax reduction will reduce consumption. D) the relationship between consumption and after-tax income is random. The data indicate that


A) consumers spend 80 percent of their after-tax incomes.
B) consumers spend 90 percent of their after-tax incomes.
C) a tax reduction will reduce consumption.
D) the relationship between consumption and after-tax income is random.

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