Abstract
T HE question is often asked, how does the composition of the family budget change over time when the independent variable, family income,2 changes? In the way of a partial answer, at least, a study of continuous farm family budgets based on secondary data was undertaken by the Bureau of Agricultural Economics for the years immediately preceding World War II. In some ways the results of this study are illuminating; in others, disappointing. But let us review the analysis before we draw too sweeping conclusions.
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