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Credit Crunch
C/F/644. Effects on financial crisis and credit crunch on consumer behaviour in UK
- WORDS:
- 1100
- DATE:
- 2010
- PRICE:
- 19.99 GBP
The paper examines the impact of the current financial crisis on UK consumers reviewing Keynesian theory of consumption and Friedman’s permanent income hypothesis, considering the most important drivers of consumption in the UK, and evaluating the attempts of the UK government to stimulate current consumption.
KEYWORDS: financial crisis, credit crunch, UK consumer behaviour, consumption,
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