Which of the Following Likely Occurs When Households and Firms

question 62

Multiple Choice

Which of the following likely occurs when households and firms are pessimistic?

• A)Increased spending.
• B)Increased aggregate demand.
• C)Real GDP rises.
• D)The unemployment rate increases.

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Definitions:

Immigrants

Individuals who move from one country to another with the intention of settling in the new country.

Criminalization

The process by which behaviors or individuals are transformed into crime and criminals by laws, courts, and societal practices.

Political Awareness

The level of understanding and concern an individual has regarding political issues, processes, and the importance of civic engagement.

Internalizing

The process of adopting the opinions or attitudes of others, particularly those considered to be societal norms or standards, as one's own.