Discuss the relationship between saving and consumption – Microeconomics
Overview
In this discussion, we will be considering consumption and saving.
Instructions
In a response, address the following:
Discuss the relationship between saving and consumption.
In your discussion, distinguish between saving and savings.
Consumer spending is directly affected by expectation of future income.
What events might change consumer confidence?
Discuss and provide examples of events that may change consumer confidence and therefore impact consumer spending.
Do your best to avoid posting duplicated information if possible.
Where appropriate, cite examples from your text or other readings.
