The decline in stock prices from 2000 through 2002
A) increased individuals' willingness to spend.
B) had no effect on individual spending.
C) reduced individuals' willingness to spend.
D) increased individual wealth.
C
Economics
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In the classical model, desired saving
A) is inversely related to real income. B) exceeds investment. C) is equal to desired investment. D) is less than desired investment.
Economics
Which of the following is a normative question?
A) How often do banks fail? B) What is the value of a human life? C) How much does government spending stimulate aggregate output? D) How do we calculate the total value of activity in an economy?
Economics