Discover answers to your questions with Westonci.ca, the leading Q&A platform that connects you with knowledgeable experts. Join our Q&A platform to connect with experts dedicated to providing precise answers to your questions in different areas. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals.

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.


Sagot :

"Workers receive higher wages" and "More people acquire jobs and earn wages" is the major reason why consumption might increase during periods of economic growth.

The ítems that describe why consumption might increase during periods of economic growth are, workers receive higher wages, more people acquire jobs and earn wages, and the cost of borrowing money is lowered.  

When economy is growing, the bussiness cycle is experiencing a boom. At that stage, everything but unemployment tends to rise. There is more jobs, more production, more people in work, more capital invested on production and wiges are also higher.