Problem
If the government made it easier for people to borrow money, perhaps by enacting programs to help them get loans, would you expect consumption spending to become more sensitive or less sensitive to current income? Why? How is the marginal propensity to consume affected? How is the multiplier affected?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.