Suppose that Thor Industries is forecasting demand for its RVs during the next year. How will the
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Suppose that Thor Industries is forecasting demand for its RVs during the next year. How will the forecast be affected by each of the following?
a. A survey shows that consumers have confidence that their incomes will be increasing.
b. Real interest rates are expected to increase.
c. Congress is expected to cut the federal individual income tax.
d. Gasoline prices are expected to fall dramatically
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The forecast for Thor Industries RV demand can be affected by various factors including consumer sentiment interest rates tax policies and gasoline pr...View the full answer
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