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Q. What do you meant by Hoarding?
A situation in that companies, financial investorsor individual consumers choose to hold hoards of cash or other liquid assets, instead of spending and re-spending that money. Hoarding often results from intense fears about future economic and financial turbulence - yet ironically hoarding can create the very recession which hoarders fear.
Explain consumer sovereignty and why it might not be that extensive in real life. Explanation of consumer sovereignty Use of S/D model to show how changes in consumption pat
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