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Relationship between increases and decreases in employment consumer spending and money supply?
Wiki User
∙ 9y ago
Typically, a decrease in employment rates leads to fewer disposable income, and less spending. When the employment rates are high, consumers tend to spend more.
Wiki User
∙ 9y ago
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What Does The Term Covered Employee Mean?
A covered employee is the new term for the assigned employee, and is a person having a co-employment relationship with a PEOand a consumer.
What danger signals might indicate that a consumer is becoming overextended?
When a consumer takes on two or more new credit cards; or when he/she may be able to make minimum payments, but his/her overall debt load increases.
Why has accounting attracted criticism in recent years?
Accounting has attracted criticism because executive managers have figured out ways to circumvent the laws. Circumventing the laws jeopardizes the integrity of managers and decreases consumer confidence.
Definition of consumer surplus?
Consumer surplus - the difference between what a consumer is willing to pay and what they actually pay. Aggregate consumer surplus measures consumer welfare
Consumer protection regulations are beneficial because they lead to what?
consumer confidence
What happens to consumer surplus when demand increases?
Consumer surplus is the hypothetical monetary gain of consumers because they are able to buy a product for a price lower than they are originally willing to pay. When demand increases, supply (which is inversely proportional to demand) decreases, and as a result, prices increase. When prices increase, consumer surplus decreases.
How does consumer income affect the demand for normal goods?
A good that decreases in demand when consumer income rises; having a negative Income increases will thus affect the consumption of these goods.
What is most likely to occur after the government increases taxes?
It reduces the money available for private sector spending.
What Does The Term Covered Employee Mean?
A covered employee is the new term for the assigned employee, and is a person having a co-employment relationship with a PEOand a consumer.
What would the effect be if lumber production decreased?
When supply decreases but demand does not, cost increases. That would probably be most noticeable in the new home construction industry, the largest consumer of lumber.
How changes in consumer tastes and consumer incomes affect demand?
If consumer income increases, demand will increase. If income decreases, there is less money to spend, so demand for products that are not necessary will decrease. Consumer tastes influence what products are in demand. This can change over time, so a product that is in high demand may become a low demand product and visa versa.
The principles that states that the consumer will buy less as the price increases?
supply and demand/ it states that as the price of a good or service goes down the more demand will increase and as the price goes up demand decreases
How does the consumer surplus change as the equilibrium price of a good rises or falls?
As the equilibrium price of a good raises the producer surplus increases as well, and as the equilibrium price falls the producer surplus decreases accordingly.
What does complying with consumer-protection regulations do?
Complying with consumer protection regulations increases production costs and raises prices.
What is consumer reality?
Consumer Rality is to determine the consumer's need by analyzing the market-consumer-brand relationship.
What does increasing consumer confidence do?
Increases purchases from producers
Will consumer buy more when price of a commodity falls?
according to law of demand consumer buy more of the commodity when price decreases
