Effect on house hold and business spending or saving

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Reference no: EM131210427

Explain the effect that each of the following variables has on house hold and/or business spending or saving:

(a) Income;

(b) Wealth;

(c) The interest rate;

(d) Capacity utilization;

(e) Expectations;

(f) Monetary policy;

(g) Tax policy;

Reference no: EM131210427

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