Social Studies, 07.11.2020 15:50 juan01sebastian00
Maritjie and Thabo own a home with their children. Due to the coronavirus lockdown, Maritjie and Thabo both lose their jobs. They consider selling their home to cover their living expenses while they search for jobs but are told that their house is now worth 20% less than it was before the lockdown. Explain what will happen to their consumption patterns and why, using household target wealth theory.
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Maritjie and Thabo own a home with their children. Due to the coronavirus lockdown, Maritjie and Tha...
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