Answer to Question #253461 in Financial Math for Millicent

Question #253461

One of the following cannot be considered as a factor that affect consumption

Select one:

a. None of the options are correct

b. Interest rates

c. Wealth

d. Price expectations


1
Expert's answer
2021-10-24T17:48:28-0400

a. None of the options are correct


Consumption is affected by the rate of interest, volume of wealth and relative prices.


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