--- title: "Meaning & Key Takeaway of: Each year, therefore, a dollar spent on…" description: "\"Each year, therefore, a dollar spent on alcoholic beverages has purchased a smaller quantity.\" — William Lyon Mackenzie King" image: "https://sms4smile.com/quotes/i/1e6/william-lyon-mackenzie-king-16_quantity_each-year-therefore-a-dollar-spent-on-al_1004644.png" --- # Each year, therefore, a dollar spent on alcoholic… ![“Each year, therefore, a dollar spent on alcoholic beverages has purchased a smaller quantity.” quote by William Lyon Mackenzie King](https://sms4smile.com/quotes/i/1e6/william-lyon-mackenzie-king-16_quantity_each-year-therefore-a-dollar-spent-on-al_1004644.png) [Download](https://sms4smile.com/quotes/i/1e6/william-lyon-mackenzie-king-16_quantity_each-year-therefore-a-dollar-spent-on-al_1004644.png) [Open image](https://sms4smile.com/quotes/i/1e6/william-lyon-mackenzie-king-16_quantity_each-year-therefore-a-dollar-spent-on-al_1004644.png) > “Each year, therefore, a dollar spent on alcoholic beverages has purchased a smaller quantity.” [William Lyon Mackenzie King](https://sms4smile.com/quotes/author/william-lyon-mackenzie-king/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. The price of alcohol rises faster than income, so each dollar buys less drink over time. **In simple terms:** Alcohol costs more relative to earnings. Key Takeaway Adjust consumption as prices rise. Themes economics inflation consumption policy public health Mood concerned analytical Type observational policy-oriented When to use this quote - personal budgeting - government policy - public health campaigns - consumer behavior Key Concepts price elasticity inflationary pressure budgeting Questions to Reflect On - How do rising costs affect drinking habits? - What policies could mitigate negative impacts? A Different Perspective Higher prices may not deter consumption for heavy drinkers. ★ ★ ★ ★ ★ No ratings yet ## Related quotes > [Americans may be drinking fewer alcoholic beverages, but they are certainly eating more of them than ever before. 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The only possible way, then, of…](https://sms4smile.com/quotes/john-adams/we-may-affirm-that-the-balance-of-power-in-a-society-accompanies-the/) [John Adams](https://sms4smile.com/quotes/author/john-adams/) > [As to virtue . . . it is an act of the will, a habit which increases the quantity, intensity and quality of life.…](https://sms4smile.com/quotes/alexis-carrel/as-to-virtue-it-is-an-act-of-the-will-a-habit-which-increases-the/) [Alexis Carrel](https://sms4smile.com/quotes/author/alexis-carrel/) > [If you've taken Econ 101, you know that the quantity of money rises only when the banking system makes a net loan.](https://sms4smile.com/quotes/kenneth-fisher/if-you-ve-taken-econ-101-you-know-that-the-quantity-of-money-rises/) [Kenneth Fisher](https://sms4smile.com/quotes/author/kenneth-fisher/) > [It were good to know how much hay an acre of every sort will bear; how many cattle the same weight of each sort…](https://sms4smile.com/quotes/william-petty/it-were-good-to-know-how-much-hay-an-acre-of-every-sort-will-bear-how/) [William Petty](https://sms4smile.com/quotes/author/william-petty/) > [A bad investment is going for quantity over quality. If you're trying to be careful with your wallet, especially with the economy right now,…](https://sms4smile.com/quotes/christian-siriano/a-bad-investment-is-going-for-quantity-over-quality-if-you-re-trying/) [Christian Siriano](https://sms4smile.com/quotes/author/christian-siriano/) > [Thanks to NBC News and thanks to the NBC primetime TV network, Donald Trump has been in living rooms for 11 years being who…](https://sms4smile.com/quotes/rush-limbaugh/thanks-to-nbc-news-and-thanks-to-the-nbc-primetime-tv-network-donald/) [Rush Limbaugh](https://sms4smile.com/quotes/author/rush-limbaugh/) > [Heat may be considered, either in respect of its quantity, or of its intensity. Thus two lbs. of water, equally heated, must contain double…](https://sms4smile.com/quotes/joseph-black/heat-may-be-considered-either-in-respect-of-its-quantity-or-of-its/) Joseph Black > [Things base and vile, holding no quantity, love can transpose to form and dignity](https://sms4smile.com/quotes/william-shakespeare/things-base-and-vile-holding-no-quantity-love-can-transpose-to-form/) [William Shakespeare](https://sms4smile.com/quotes/author/william-shakespeare/) > [It would take a civilization far more advanced than ours, unbelievably advanced, to begin to manipulate negative energy to create gateways to the past.…](https://sms4smile.com/quotes/michio-kaku/it-would-take-a-civilization-far-more-advanced-than-ours-unbelievably/) [Michio Kaku](https://sms4smile.com/quotes/author/michio-kaku/) Browse all 826 Quantity quotes ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Each year, therefore, a dollar spent on alcoholic beverages has purchased a smaller quantity.", "creator": { "@type": "Person", "name": "William Lyon Mackenzie King" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/william-lyon-mackenzie-king/each-year-therefore-a-dollar-spent-on-alcoholic-beverages-has/", "about": { "@type": "Thing", "name": "Quantity" }, "@id": "https://sms4smile.com/quotes/william-lyon-mackenzie-king/each-year-therefore-a-dollar-spent-on-alcoholic-beverages-has/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/1e6/william-lyon-mackenzie-king-16_quantity_each-year-therefore-a-dollar-spent-on-al_1004644.png", "contentUrl": "https://sms4smile.com/quotes/i/1e6/william-lyon-mackenzie-king-16_quantity_each-year-therefore-a-dollar-spent-on-al_1004644.png", "url": "https://sms4smile.com/quotes/i/1e6/william-lyon-mackenzie-king-16_quantity_each-year-therefore-a-dollar-spent-on-al_1004644.png", "width": 1080, "height": 1080, "caption": "“Each year, therefore, a dollar spent on alcoholic beverages has purchased a smaller quantity.” — William Lyon Mackenzie King", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "William Lyon Mackenzie King", "item": "https://sms4smile.com/quotes/author/william-lyon-mackenzie-king/" }, { "@type": "ListItem", "position": 4, "name": "Each year, therefore, a dollar spent...", "item": "https://sms4smile.com/quotes/william-lyon-mackenzie-king/each-year-therefore-a-dollar-spent-on-alcoholic-beverages-has/" } ], "@id": "https://sms4smile.com/quotes/william-lyon-mackenzie-king/each-year-therefore-a-dollar-spent-on-alcoholic-beverages-has/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```