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In the U.S., consumer expenditures on homes and other large purchases tend to slow down during a recession because
a. of steady supply of loanable funds in the economy during recession
b. the consumers have a high debt-to-income ratio
c. of stringent credit policies adopted by the Fed before the onset of recession
d. consumer borrowing increases during recession
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air travel on Mountain Airlines for the past 18 weeks was: Week Passengers 1 404 2 410 3 420 4 415 5 412 6 419 7 424 8 433 9 438 10 440 11 446 12 451 13 455 14 460 15 466 16 474 17
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