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During the Great Recession,consumer Sentiment in the United States Declined,leading

Question 69

Multiple Choice

During the Great Recession,consumer sentiment in the United States declined,leading to a decrease in consumer spending.Which of the following factors caused this decrease in consumer sentiment?


A) a decrease in expected income
B) an increase in household wealth
C) a decrease in the money supply
D) an increase in tax rates
E) falling gasoline prices

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