During the Great Recession, consumer sentiment in the United States declined, leading to a decrease in consumer spending. Which of the following factors caused this decrease in consumer sentiment? Oa) a decrease in the money supply O b) an increase in tax rates Oc) an increase in household wealth O d) a decrease in expected income O e) falling gasoline prices

During the Great Recession, consumer sentiment in the United States declined, leading to a decrease in consumer spending. Which of the following factors caused this decrease in consumer sentiment? Oa) a decrease in the money supply O b) an increase in tax rates Oc) an increase in household wealth O d) a decrease in expected income O e) falling gasoline prices

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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