Greater Consumer Confidence,wealth,available Consumer Credit,and Disposable Income ________ Personal Consumption

question 14

Multiple Choice

Greater consumer confidence,wealth,available consumer credit,and disposable income ________ personal consumption expenditures.

• A)increase
• B)decrease
• C)have no effect on
• D)none of the above

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Definitions:

Priority

The status of being given more importance or attention before other things.

Default

Failure to fulfill an obligation, especially failure to meet a financial obligation or to appear in court when required.

Secured Party

An individual or entity that holds an interest, typically a security interest, in another's property as collateral for a debt.

Relinquish

To voluntarily give up or surrender a claim, right, or possession.