The nature of consumer durables expenditures a, Ask an Expert

Economics

The ________ nature of consumer durables expenditures ________ a significant drop in the personal-saving-and-consumer-durables-expenditure ratio in a recession.

1) procyclical, helps produce

2) countercyclical, helps produce

3) procyclical, prevents

4) countercyclical, prevents

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91865077

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