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What are the statistics on unemployment growth consumer spending and interest rate?
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∙ 15y ago
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What economic factors that influence the personal financial planning?
Consumer Prices; Consumer Spending; Interest Rates; Unemployment; DOW JONES Average index changes, etc
What is the result of high unemployment?
A decrease in consumer spending.
How did unemployment affect consumer spending?
it equals E=mc2
Which events led to stagflation in the 1970?
A combination of high oil prices, high unemployment, high interest rates and a resulting sharp drop in ecomomic activity and consumer spending.
What happens to consumer and businesses spending when the interest rates go up?
They both increase
What happens to consumer and business spending when the interest rate goes up?
When the interest rate goes up consumer would prefer to hold less money and save more whereas business spending would face a halt since capital infusion becomes costlier.
What is the most likely result of an increase in interest rates a. investment spending rises b. investment spending falls c. the economy speeds up d. unemployment falls?
b. investment spending falls
Cite at least two tables or graphs to support your conclusion?
1 unemployment was very high 2. Consumer spending was very low
What place does Halloween come in on the consumer spending chart?
In 2013, Halloween came in second on the consumer spending chart. Christmas came in first on the consumer spending chart for holiday spending.
Why do interest rates fall during a recession?
The Federal Reserve lowers interest rates during a recession in hopes to spark economic activity (aka consumer spending).
What are the effects of consumer spending?
The effects of consumer spending are reflected in in overall economy. Increase in consumer spending will mean more profits for suppliers and this translates to more revenue to the government in form of taxes.
What is the smallest component of aggregate spending in US?
consumer spending
