Personal disposable income increased $68.6 billion in April and $33.9 billion in May. Personal consumption expenditures increased
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Personal disposable income increased $68.6 billion in April and $33.9 billion in May. Personal consumption expenditures increased $141.2 in April and $53.5 billion in May.
How can consumers increase spending by more than the increase in personal income?
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Other things remaining the same a rise in personal income brings a smaller rise in con...View the full answer
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