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5 February, 20:23

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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  1. 5 February, 23:11
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    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.
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