Increased Consumer Spending Will Usually Cause

question 61

Multiple Choice

Increased consumer spending will usually cause:

• A)lower consumer prices.
• B)reduced employment levels.
• C)lower tax revenues.
• D)higher employment levels.
• E)lower interest rates.

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Definitions:

Constant

A value that does not change and remains fixed within a given context or equation.

Y-axis

The vertical axis in a graph or chart, typically representing the dependent variable.

X-axis

The horizontal axis in a two-dimensional graph, typically representing the independent variable.

Positive Relationship

A positive relationship in economics indicates that an increase in one variable is associated with an increase in another variable.