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A declining stock market index due to lower share prices _____.

A. reduces people's wealth and as a result may reduce their willingness to spend

B. increases people's wealth and as a result may increase their willingness to spend

C. decreases the amount of funds that business firms can raise by selling newly issued stock

D. both A. and C. of the above

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91419407

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