The Wealth Effect

What is the wealth effect?
Beats me!! Topic of discussion this evening with the cannies!!!!!!!!

Pointers
MM Questions
MC Feedback to be submitted on Nov 26th
Economics, case discussion
What is paper wealth and real wealth?
US trades less, compared to Singapore
What do you mean by transfer payments?
What do you mean by IOUs?
Pattern of Current Accounts on Page 548
Go through the exercise of the reciprocal exchange rate. Page 550
What is debt restructuring?

Had an informative Marketing Management Discussion, it was constructive and agressive at the same time!
Hope to have more such meetings!