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cassandra_dan cassandra_dan
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Declines in the housing market in the late 2000s and the stock market crash caused total U.S. household wealth to decrease. How did this affect consumption spending?

▸ Consumption spending decreased about 3 percent.

▸ Consumption spending decreased about 10 percent.

▸ Consumption spending did not change at all.

▸ Consumption spending decreased about 30 percent.
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Macroeconomics

Macroeconomics


Edition: 3rd
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DeeclaireDeeclaire
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