Which of the following has a negative influence on consumers with regard to their buying and spending behaviour?
A) higher income
B) new job
C) economic growth
D) recession

Question

Quizplus · Accepted Answer

Recession is a period of economic decline, characterized by high unemployment rates, low consumer confidence, and a decrease in spending due to a lack of disposable income. This negative influence on consumers can lead them to reduce their buying and spending behaviour. Higher income, new job, and economic growth have positive influences on buying and spending behaviour.

Which of the Following Has a Negative Influence on Consumers