Which of the Following Economic Changes Will Decrease Household Expenditures

question 2

Multiple Choice

Which of the following economic changes will decrease household expenditures?

• A)Population growth
• B)Lower income taxes
• C)An appreciation of the domestic currency
• D)Increased consumer confidence
• E)A higher domestic price level

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Definitions:

Nationals

Individuals who are legal citizens of a particular country and entitled to its protection and to exercise their rights and responsibilities as a citizen.

Citizenship

The status of being a recognized member of a state or nation, with associated rights, duties, and privileges.

Muscular Foreign Policy

An approach to foreign affairs that emphasizes the use or threat of military force and strong diplomacy to influence the policies of other countries.

Overcivilization

A concept suggesting a state wherein a society becomes so culturally and technologically advanced that it leads to its own decline or stagnation due to complexities and disconnect from basic human nature.