What Is the Effect of Higher Pension Rates on the Economy

Multiple Choice

What is the effect of higher pension rates on the economy?

A) Higher pension rates increase pensioners' disposable income and lead to greater retail spending.
B) Higher pension rates reduce pensioners' disposable income and reduce retail spending.
C) Higher pension rates reduce pensioners' consumer awareness and stimulate spending.
D) Higher pension rates increase pensioners' consumer awareness and reduce trade.