Households are able to delay purchases of durable goods during bad economic times, which leads to spending

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Households are able to delay purchases of durable goods during bad economic times, which leads to spending on durable goods to be more volatile than spending on nondurable goods. Identify an example of this…other than cars and smartphones, which are mentioned in the text.

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Principles Of Macroeconomics

ISBN: 9781292303826

13th Global Edition

Authors: Karl E. Case,Ray C. Fair , Sharon E. Oster

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