Multiple Choice
Suppose each of the following news items appears on the evening news.Which one would most likely cause consumption spending to increase?
A) "Layoffs reach record high"
B) "Government to increase taxes with the start of the next quarter"
C) "Stock market drops 10%"
D) "Government to issue tax rebates at the end of next month"
E) "Bankruptcies increase 20% over the last six months".
Correct Answer:
Verified
Correct Answer:
Verified
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