Suppose a stock market crash makes people feel poorer what, Ask an Expert

Economics

Suppose a stock market crash makes people feel poorer. What are the effects of this decrease in wealth?

a. a decrease in consumption, which shifts aggregate supply left

b. a decrease in consumption, which shifts aggregate demand left

c. an increase in consumption, which shifts aggregate supply right

d. an increase in consumption, which shifts aggregate demand right

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91401195

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