During the last recession, consumer spending on dogs and cats fell because national income declined.

Name: During the last recession, consumer spending on dogs and cats fell because national income declined.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

There is no evidence to support this statement. While some pet owners may have cut back on spending during the recession, overall spending on pets has increased consistently over time, regardless of economic conditions.

During the Last Recession, Consumer Spending on Dogs and Cats