Expectations of a recession are likely to lead households to
A) increase consumption and saving
B) decrease consumption and saving
C) decrease consumption and increase saving
D) increase consumption and decrease saving
Answer: C
Expectations of a recession are likely to lead households to
A) increase consumption and saving
B) decrease consumption and saving
C) decrease consumption and increase saving
D) increase consumption and decrease saving
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.