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Which effect of changes in stock priceson spending occurs when individualsreduce their consumer spending as a result of lower stock prices? A.changes in the valuation

Which effect of changes in stock priceson spending occurs when individualsreduce their consumer spending as a result of lower stock prices?

A.changes in the valuation of nondurable goods

B.changes in equity financing for firms

C.changes in debt financing for firms

D.changes in household wealth

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