When Consumption Falls, ________ Also Tend(s) to Fall

question 18

Multiple Choice

When consumption falls, ________ also tend(s) to fall.

• A) leisure
• B) unemployment
• C) prices
• D) interest rates
• E) government expenditure

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Definitions:

Global Warming

the phenomenon of increasing average air temperatures near the Earth's surface over the past one to two centuries due to greenhouse gases.

Acid Rain

Is a form of precipitation whose acidity eats away at, and eventually destroys, forests and the ecosystems of lakes.

Multinational Corporations

Large corporations that produce and sell their goods and services in various countries, operating across national boundaries with a global management perspective.

Big Government

A government or a state perceived as overly involved in the lives of its citizens, particularly in the regulation of economy and provision of public services.