ANSWERS: 4
  • If you get paid less the amount of goods you buy will decrease because you don't make as much money as you used to and it also works the other way around. more money more products
  • less money, less beer, food, gasoline, happiness, girlfreinds, boyfriends...pretty much everything
  • more income, more consumption (applies to everything, not just food) less income, less consumption in other words, the more you earn, the more you are likely to spend,
  • Generally: Lower incomes = lower consumption Higher incomes = higher consumption

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