If Total Spending Rises from One Year to the Next,then

question 22

Multiple Choice

If total spending rises from one year to the next,then

• A)the economy must be producing a larger output of goods and services.
• B)prices at which goods and services are sold must be higher.
• C)either the economy must be producing a larger output of goods and services, or the prices at which goods and services are sold must be higher, or both.
• D)employment or productivity must be rising.

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Definitions:

Matthias Schleiden

A German botanist and co-founder of cell theory, who in 1838 proposed that all plant tissues are composed of cells and that plant growth results from the production and expansion of these cells.

Anton Van Leeuwenhoek

A Dutch scientist known as the "Father of Microbiology" for his pioneering work in the development of the microscope and the discovery of microbial life.

Theodor Schwann

A German physiologist who co-founded the cell theory, stating that all living things are made up of cells.

Prokaryotic Cell

A simple, single-celled organism without a nucleus or other membrane-bound organelles, such as bacteria and archaea.