Exhibit 23-1 Refer to Exhibit 23-1.Which of the following would tend to move consumer spending from A to D?
A) increase in debt
B) decrease in interest rates
C) decrease in consumer confidence
D) stock market decline

Question

Exhibit 23-1  Refer to Exhibit 23-1.Which of the following would tend to move consumer spending from A to D?
A) increase in debt 
B) decrease in interest rates 
C) decrease in consumer confidence 
D) stock market decline

Quizplus · Accepted Answer

The Answer of Exhibit 23-1  Refer to Exhibit 23-1.Which of the following would tend to move consumer spending from A to D?
A) increase in debt 
B) decrease in interest rates 
C) decrease in consumer confidence 
D) stock market decline