Assuming all else equal, if households are pessimistic about their fut

Assuming all else equal, if households are pessimistic about their future income, it is likely to cause a(n):

A) upward movement along their credit demand curve.
B) rightward shift of their credit demand curve.
C) downward movement along their credit demand curve.
D) leftward shift of their credit demand curve.

 

ANSWER

D

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