When a person receives an increase in wealth then the consumption increases and Savings decreases. This is related to the theory of "Wealth effect".
The wealth effect states that when the wealth of households rises, it results as rise in asset values, such as corporate stock prices or home values, they spend more and stimulate the broader economy.
The theory is dependent on economic behavior of a person that consumers feel more financially secure and confident about their wealth when their homes or investment increase in value. They are made to feel richer, even if their income and fixed costs are the same as before.
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Answer:
Option b=> three times the annual cost of a thrifty food budget for an urban family of four.
Explanation:
In the United States of America or any country in the world, there is a need for the government to know the poverty line of citizens in the country so as to know how to prepare or create something to reduce the rate of poverty in the country.
The term "poverty line'' is also referred to as poverty threshold. The poverty line shows the point or level of income that one has to have in order to cater for their need because people that falls below the
poverty line find it difficult to cater for their needs.
"The poverty line is defined as three times the annual cost of a thrifty food budget for an urban family of four.''
C because it is a test you take for receiving college credit without taking college courses
Answer:
4
Explanation:
influx means the arrival or entry in large numbers of people or things
William McKinley won in 1896 in part due to newspapers covering the election.
