=+disposable income did not change. The accompanying table shows the level of aggregate consumer spending and disposable

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=+disposable income did not change. The accompanying table shows the level of aggregate consumer spending and disposable income in millions of dollars for each of these years. Use this information to answer the following questions.

le inco | Consumer spend me (millions of | ing (millions of Year dollars) dollars)

2009 $100 $180 2010 350 380 2011 300 340

(2012 ‘400 420 2013 375 400 2014, 500 500

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Economics

ISBN: 9781319066604

5th Edition

Authors: Robin Krugman, Paul Wells

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