Jeremy Irons Has Done Some Research and Has Discovered That

question 65

Multiple Choice

Jeremy Irons has done some research and has discovered that the states with the largest population growth are Colorado and Arizona. Based on his findings, Jeremy believes these states will experience greater job growth as a result. This is an example of _____ influencing jobs in the future.

• A) technology trends
• B) economic conditions
• C) industry trends
• D) geographic trends
• E) educational trends

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Definitions:

Disposable Income

Discretionary financial resources available to households for spending and saving after tax.

Consumption

The consumption of products and services by families, which adds to the total demand within the economic system.

45-Degree Line

In economics, a graphical representation where all points on the line represent where the value of the goods and services produced equals total spending.

Dissaving

The consumption of funds beyond current income, often leading to the depletion of wealth or the incurrence of debt.