{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

Econ%20104%20Syllabus--Pollin--Fall%20-page15

Econ%20104%20Syllabus--Pollin--Fall%20-page15 - expand...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Impact of Collapse of Household Wealth Creates macroeconomic “vicious cycle” Households less willing/able to spend Leads to: Businesses less willing to invest to
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: expand business – Leads to: less job creaKon – Leads to: Markets are less buoyant • How to break vicious cycle?? 9...
View Full Document

{[ snackBarMessage ]}

Ask a homework question - tutors are online