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Firm and Competitive Market
C/E/65. The relationship between house prices and consumer spending
- WORDS:
- 1500
- DATE:
- 2005
- PRICE:
- 19.99 GBP
This work describes the effect of falling house prices on consumer spending. The original theory of the positive relationship between the two is challenged, providing examples of situations where lower house prices would not lead to falling consumer spending.
KEYWORDS: relationship, house, prices, consumer, spending,
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