Business, 20.02.2020 23:50, panpanriser76

Last year, the parker family used to eat at nice restaurants almost four times a week. even though mr. parker received a 2 percent pay raise, the cost of living rose by 4 percent and property taxes went up 5% in their community. as a result, the family now eats most of their meals at home, dining out only a few times a month. this reflects: a. a decrease in the number of fine restaurants that can stay in business during times of economic downturn. b. a reaction to a loss of discretionary income. c. a significant drop in inflation rate. d. a rise in economic growth. e. a shift from spending to investing.

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Last year, the parker family used to eat at nice restaurants almost four times a week. even though m...