Problem
Consumption in the U.S. burst upward for a period of time immediately after the election of Bill Clinton to the Presidency, despite no major changes in disposable income. Explain what could have caused this event. Along with the verbal explanation, apply the concept of autonomous consumption.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.