Question

Discuss whether or not an increase in income will cause an increase in spending​

Answer 1

If a consumer's income increases, they are willing to spend more, particularly on items of better quality. If a consumer's income decreases, they will spend less, particularly on items of better quality.

Step-by-step explanation:

Answer 2

If a consumer's income increases, they are willing to spend more, particularly on items of better quality. If a consumer's income decreases, they will spend less, particularly on items of better quality.