Question: What is the relationship between saving and consumption. In this discussion, distinguish between saving and savings . Consumer spending is directly affected by expectation of

What is the relationship between saving and consumption.

  • In this discussion, distinguish betweensavingandsavings.
  • Consumer spending is directly affected by expectation of future income.

-What events might change consumer confidence?

- Provide examples of events that may change consumer confidence and therefore impact consumer spending.

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