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Read each situation and determine whether the consumer would most likely spend more or save more

Estella just got a raise from her employer. (save more or spend more)

Many people at Isabella's company have gotten laid off recently. (save more or spend more)

Gil is confident in overall market conditions. (save more or spend more)

The prices of homes in Amir's neighborhood are declining. (save more or spend more)

Riley wants to buy a new car within the next year. (save more or spend more)

Read each situation and determine whether the consumer would most likely spend more-example-1

1 Answer

7 votes

Answer:

Estella just got a raise from her employer.

✔ spend more

Many people at Isabella’s company have gotten laid off recently.

✔ save more

Gil is confident in overall market conditions.

✔ spend more

The prices of homes in Amir’s neighborhood are declining.

✔ save more

Riley wants to buy a new car within the next year.

✔ save more

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