Aggregate household indebtedness, Microeconomics

Aggregate household indebtedness:

This is the purchasing power of the sum of money outstanding that households have borrowed and are currently obligated to repay. If households are in debt to the degree that part of their current incomes are committed to instalment payments on previous purchases, they may well be obliged to reduce current consumption.

Posted Date: 1/3/2013 12:13:37 AM | Location : United States







Related Discussions:- Aggregate household indebtedness, Assignment Help, Ask Question on Aggregate household indebtedness, Get Answer, Expert's Help, Aggregate household indebtedness Discussions

Write discussion on Aggregate household indebtedness
Your posts are moderated
Related Questions
Explain inflation, and the difference between anticipated and unanticipated inflation.         Answer   Inflation is the persistent rise in the general price level in the e

Distinction between Human Capital and Resource and Manpower Health and education are normally considered as human capital. Health includes both physical health and fitness. E

factors that affects the volume of production

Yuen, a travelling salesman for snake oil, can produce the stuff at a marginal cost of 1. There are 100 potential customers in Vernon, each of whom has the following demand functio

The government decides to implement a new economic stimulus package targeted at American Farmers. The stimulus package gives every household a $300 prepaid credit card that may on

Assume that the market for lamb is perfectly competitive. Using an appropriate model (or models) illustrate and explain a. How a competitive market arrives at equilibrium

Available resources with the desired goals: To match the available resources with the desired goals: The complementary nature of some investment decisions make for planning. T

Comparative Advantage:A theory of international trade which originated with David Ricardo in early 19th Century and is maintained (in revised form) within neoclassical economics. T

Q=10-2P,PRICE DECREASE FROM RS 3 TO 2

how has the haberlers theory of opportunity cost an improvement over the classical theory of trade