Consumer spending is an important economic indicator because it usually coincides with the overall consumer confidence in a nation's economy. High consumer confidence indicators usually relate to higher levels of consumer spending in the economic market.
- What happens to consumer spending during a recession? - During recessions, of course, consumers set stricter... (Read More)
- What is holding money? - Essentially, it's convenient to hold a certain... (Read More)
- What is an example of monetary policy? - Monetary policy is the domain of a... (Read More)
- Who is in charge of monetary policy? - For example, in the United States, the... (Read More)