Business Studies, asked by kdiamosfm, 8 months ago

Explain the factors that might be responsible for causing consumer spending to fall

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Answered by raotd

Answer:Therefore real wages will be an important determinant, but consumer spending is also influenced by other factors, such as interest rates, inflation, confidence, saving rates and availability of finance. ... Therefore higher rates will lead to lower spending as consumers have lower disposable income.

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Answered by maeannigot

Explanation:

Therefore real wages will be an important determinant, but consumer spending is also influenced by other factors, such as interest rates, inflation, confidence, saving rates and availability of finance. ... Therefore higher rates will lead to lower spending as consumers have lower disposable income.

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