The correct answer is:
B) <em>the concept that a high rate of consumption and spending are the basis for a sound economy</em>
Answer:
B because thats how he feels
A phrase is any collection of words that behaves like a part of speech, like a noun phrase (“my brother Stu”), an adjectival phrase (“in a different shade of blue”), or an adverbial phrase (“with elegance and tact”). A clause is any noun phrase plus a verb; they can be sentences, but they don't always have to be
hope this helps