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If Americans Became More Pessimistic About the Economy,what Would Happen

question 143

Multiple Choice

If Americans became more pessimistic about the economy,what would happen to the consumption-income line?


Definitions:

Administrative Branch

That part of government responsible for the execution and enforcement of laws and policies, traditionally comprising departments and agencies.

Sherman Antitrust Act

A landmark federal statute passed by Congress in 1890 to curb concentrations of power that interfere with trade and reduce economic competition.

Federal Trade Act

The Federal Trade Commission Act is a piece of legislation designed to prevent unfair competition, monopolies, and to protect consumers from deceptive practices in the marketplace.

Consumer Product Act

Legislation designed to protect the rights of consumers by ensuring that products meet certain standards of quality and safety.

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