A decline in disposable income means
Answers
Answered by
1
A decline in disposable income: Decrease in the daily consumption and moves downwards towards a specific consumption level...
Hope this helps.
Hope this helps.
Answered by
0
Hey mate here is your answer !!!
If disposable income decreases, households have less money to spend and save, which then forces consumers to consume less and become more frugal. This decrease in consumption could then decrease corporate sales and corporate earnings, decreasing the value of individual stock.
If disposable income decreases, households have less money to spend and save, which then forces consumers to consume less and become more frugal. This decrease in consumption could then decrease corporate sales and corporate earnings, decreasing the value of individual stock.
Similar questions