If You Spend More of Your Income on Consumption Goods,which

question 8

Multiple Choice

If you spend more of your income on consumption goods,which of the following will occur?

• A)The production of investment goods will fall.
• B)Economic growth will be stimulated.
• C)Investments in education will rise.
• D)For every dollar you spend on consumption,real GDP will fall by a dollar.

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Definitions:

Free Speech

The right to express any opinions without censorship or restraint.

Injunctions

Court orders that either restrain a party from undertaking certain actions or require them to perform specific acts, often used in labor disputes to limit the actions of labor organizations or employers.

Picketing

Demonstrating or marching before a place of employment or work site by workers to protest labor conditions or policies.

Unionization

The process by which workers come together to form a union in order to negotiate collectively with their employer regarding wages, benefits, and working conditions.