Take the following as truth: Yet since World War II, shifting tastes in clothes, rising real incomes, and domestic and foreign competition within the textile and apparel industries have markedly reduced the proportion of consumer budgets expended on apparel and its upkeep (laundry and dry cleaning).
Then the following statement: "Consumers have spent less on laundry and dry cleaning since WWII." is true, false, or inconclusive?
Answer: False