Economic Systems: Tutorial Part B What happened to consumer spending?

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asked Feb 28, 2024 140k views

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Thomas Einwaller · Answer 1 · 2024-03-03T22:59:25+0000

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Consumer spending has decreased significantly due to the economic impact of the COVID-19 pandemic, with many individuals losing their jobs or experiencing reduced income. This has led to a decrease in demand for non-essential goods and services.

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Economic Systems: Tutorial Part B What happened to consumer spending?

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