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.

---

Definitions:

Information Processing

A cognitive approach that emphasizes the way people encode, store, process, and retrieve information.

Conscious Processing

The mental activities and cognitive processes that occur within awareness, allowing for intentional thought and decision-making.

Problem Simultaneously

The process of dealing with or managing two or more issues at the same time.

Delta Waves

Low frequency brain waves that indicate deep sleep or meditation.