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Examveda

Reduced consumer demand for loans, homes and new automobiles is result of

A. less disposable income

B. high disposable income

C. federal disposable income

D. discount disposable income

Answer: Option A

Solution(By Examveda Team)

Reduced consumer demand for loans, homes and new automobiles is result of less disposable income. Disposable income, also known as disposable personal income (DPI), is the amount of money that households have available for spending and saving after income taxes have been accounted for.

This Question Belongs to Commerce >> Financial Management

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