All Else Being Equal, If Consumption Declines as a Share

question 159

Multiple Choice

All else being equal, if consumption declines as a share of GDP, then

• A)people must be saving less.
• B)people will consume less in the future.
• C)there must have been an increase in GDP.
• D)people will consume more in the future.
• E)there must have been a decrease in GDP.

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Definitions:

Nuclear Families

A family unit consisting of two parents and their children living together as a single household, traditionally seen as a societal norm in many cultures.

LGBT Parents

LGBT Parents are individuals who identify as lesbian, gay, bisexual, or transgender and perform the role of a parent or guardian to one or more children.

Sexual Minority Populations

Groups of people whose sexual orientation, gender identity, or sexual characteristics differ from the majority of the population.

Same-sex Parenting

The act of raising children by parents who identify as the same gender, whether through biological means, adoption, or surrogacy.