Suppose That as a Result of a Stock Market Boom

question 470

Multiple Choice

Suppose that as a result of a stock market boom, consumers become less concerned about saving for retirement and increase their current consumption expenditures. Which of the following would you expect to occur as a result of this change?

• A)In the short run, unemployment will increase and inflation will fall.
• B)​In the short run, unemployment will increase and inflation will rise.
• C)​In the short run, unemployment will decrease and inflation will rise.
• D)​In the short run, unemployment will decrease and inflation will fall.

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Definitions:

Alternation of Generations

A reproductive cycle found in certain plants and algae, involving a sequential occurrence of two distinct forms, one haploid and the other diploid, each giving rise to the other.

Zygote

Diploid cell formed by the union of two gametes; the product of fertilization.

Gametophyte

The sexual phase in the life cycle of plants and algae that produces gametes, typically through mitosis.

Spores

Asexual reproductive or resting cells capable of developing into a new organism without fusion with another cell, often seen in bacteria, fungi, and plants.