According to this Application, the decrease in consumer wealth due to decreases in the value of home equity has
A) decreased consumer spending. B) decreased the marginal propensity to save.
C) increased short-run aggregate supply. D) increased consumer saving.
A
Economics
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Which of the following could not prevent a market from becoming perfectly competitive?
(A) High start-up costs. (B) Problems accessing necessary technology. (C) Lack of technological know-how. (D) Excessive information.
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The real exchange rate generally has ______ relationship with aggregate expenditure.
A. a negative B. a positive C. no D. a constant
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