Consumer expenditures are affected by ________.
A) savings
B) debt
C) credit availability
D) all of the above
E) none of the above

Question

Quizplus · Accepted Answer

Consumer expenditures can be affected by savings, as consumers may spend less if they are trying to save money. Debt can also impact consumer expenditures, as consumers with high levels of debt may be more hesitant to make big purchases. Credit availability can also affect consumer expenditures, as consumers may be more willing to make purchases if credit is readily available. Therefore, all of the above factors can impact consumer expenditures.

Consumer Expenditures Are Affected by ________