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Assuming all else equal,if a household is pessimistic about future income,it is likely to cause a(n) ________ the current credit supply curve of the household.
Competent Parties
Individuals or entities that are legally capable of entering into a contract, meaning they have the mental capacity and legal authority to do so.
Economic Duress
This involves the use of unlawful pressure or threats by one party to compel another party to act in a way that is against their will or financial interest.
Subjective Evidence
Information or proof based on personal feelings, opinions, or tastes, rather than concrete facts.
Acquiesce
The reluctant acceptance or agreement without protest, often implicitly.
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