The "wealth effect" claims that for every $100 of additional wealth generated in an individual's stock market holdings,the individual will spend:

Name: The "wealth effect" claims that for every $100 of additional wealth generated in an individual's stock market holdings,the individual will spend:
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The "wealth effect" suggests that individuals tend to spend about 4% of any increase in their wealth, so for every $100 increase, they would spend approximately $4.

The "Wealth Effect" Claims That for Every $100 of Additional