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Discuss whether or not an increase in income will cause an increase in spending​

User BreakBadSP
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Answer:

If a consumer's income increases, they are willing to spend more, particularly on items of better quality. If a consumer's income decreases, they will spend less, particularly on items of better quality.

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User Konrad Krakowiak
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Answer:

If a consumer's income increases, they are willing to spend more, particularly on items of better quality. If a consumer's income decreases, they will spend less, particularly on items of better quality.

User Naman Gala
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