If an economy experiences a decrease in consumer spending, Ask an Expert

Economics

If an economy experiences a decrease in consumer spending, most economists believe:

a. this was preceded by a decrease in investment spending.

b. the aggregate expenditure function will shift up.

c. investment spending increases occurred before this drop in consumer spending.

d. such events are temporary as investment will rise to offset this.

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M91237723

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