In the early to mid-2000s, stock prices and housing prices rose substantially. What effect would these increases in household wealth have on the savings rate
In the early to mid-2000s, stock prices and housing prices rose substantially. What effect would these increases in household wealth have on the savings rate and on consumption spending?
How would the increase in stock prices and housing prices have affected aggregate demand?
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Authors: R Glenn Hubbard ,Anthony Patrick O'Brien
1st Edition
013255352X, 978-0132553520
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