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cassandra_dan cassandra_dan
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3 months ago
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


Edition: 3rd
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DeeclaireDeeclaire
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3 months ago
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Consumption spending decreased about 3 percent.

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cassandra_dan Author
wrote...

3 months ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
wrote...

Yesterday
Good timing, thanks!
wrote...

2 hours ago
Thank you, thank you, thank you!
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