Select the items that describe why consumption might increase during periods of economic growth.

-Workers receive higher wages.

-More people acquire jobs and earn wages.

-Cost of borrowing money is lowered.

-Companies close and reduce labor force.

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Peep

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13 October, 08:38

Select the items that describe why consumption might increase during periods of economic growth.

-Workers receive higher wages.

-More people acquire jobs and earn wages.

-Cost of borrowing money is lowered.

-Companies close and reduce labor force.

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Hess · Answer 1

The first three are correct. Economic growth comes with the fact that:

-Workers (can) receive higher wages.

-More people acquire jobs and earn wages.

-Cost of borrowing money is lowered. ts

These and other aspects increase consumption.

Select the items that describe why consumption might increase during periods of economic growth.-Workers receive higher wages.-More people acquire jobs and earn wages.-Cost of borrowing money is lowered.-Companies close and reduce labor force.

Select the items that describe why consumption might increase during periods of economic growth.

-Workers receive higher wages.

-More people acquire jobs and earn wages.

-Cost of borrowing money is lowered.

-Companies close and reduce labor force.