In debt overhang consumers' debt level is diminished and the value of their assets has increased.

Name: In debt overhang consumers' debt level is diminished and the value of their assets has increased.
Brand: Quizplus
Rating: 4.8 (36 reviews)

Question

Quizplus · Accepted Answer

Debt overhang refers to a situation where a consumer's debt level is so high that it inhibits their ability to make new investments or spend, often because the value of their assets has decreased or is insufficient to cover the debt.

In Debt Overhang Consumers' Debt Level Is Diminished and the Value