Other Things Equal,an Increase in Transfer Payments Will ________ Consumption

question 58

Multiple Choice

Other things equal,an increase in transfer payments will ________ consumption expenditures,which leads to ________ in output and employment.

• A) increase; an increase
• B) increase; a decrease
• C) decrease; an increase
• D) decrease; a decrease

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Definitions:

Discrimination

The unfair or prejudicial treatment of individuals or groups based on characteristics such as race, gender, age, or sexual orientation.

Extended Period

A longer than usual duration of time dedicated to a particular activity, event, or condition.

Potential Adult Identities

The various identities or self-conceptions that an individual might assume or develop into during adulthood.

Social Norms

Informal rules that govern behavior in groups and societies, shaping individuals' actions and interactions.