If People Expect Higher Incomes in the Future,then Spending Today

question 124

Multiple Choice

If people expect higher incomes in the future,then spending today ________ and aggregate demand ________.

• A) increases; is unaffected
• B) increases; increases
• C) increases; decreases
• D) decreases; decreases
• E) is unaffected; is unaffected

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Definitions:

Apocrine Glands

Sweat glands located mainly in the underarm and genital areas that release sweat when the body is under stress or emotional excitement.

Cilia

Microscopic, hair-like structures on the surface of cells, which move in a wave-like fashion to transport substances.

Cranial Nerves

Nerves that emerge directly from the brain, in contrast to spinal nerves, and are numbered from I to XII, each with specific functions related to senses and movement.

Organ of Corti

The sensory organ located within the cochlea of the inner ear, critical for the process of hearing by converting sound vibrations into neural signals.