Question:

Personal income increases but no spending? Why, explain in depth?! please?

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Personal income increases but no spending? Why, explain in depth?! please?

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  1. Uh, being in DEBT means that any money you get goes to pay for stuff YOU ALREADY HAVE.

    So you cannot go buy new stuff.

    Because you dont have enough $$


  2. As income tends to rise, prices tend to mimic that trend.  Thus, an equilibrium state is sustained.

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