Eastlake High School Human Costs of Lost Jobs and Incomes Discussion
- February 01, 2022/ Homework Tutors
Instructions: Post one significant sentence from any chapter 7-9. And please explain why it is a powerful sentence. The paragraph should have a total of 5-7 sentences.
Please find the chapters 7-9 attached as a pdf.
Instructions: For the following response, respond thoughtfully. Just saying “I agree” or “I disagree” does not constitute a thoughtful response. They need to be substantive to promote further discussion, new ideas, or questions and are at least 75-100 words and meaningful sentences that are also professionally written. State your opinion. Do you agree with them? If so why or why not?
“The higher the disposable income, the more households are willing and able to spend” (Chapter 9, page 175.)
Disposable income is whatever income a households leftover after the mandatory taxes , the consumption is determined by the disposable income. the relationship of both is the consumption function. For example households that have higher disposable income will spend more budget and eventually will spend more.