Answered

Discover answers to your questions with Westonci.ca, the leading Q&A platform that connects you with knowledgeable experts. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform. Get quick and reliable solutions to your questions from a community of experienced experts on our platform.

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.
ailud18

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.

Thank you for visiting our platform. We hope you found the answers you were looking for. Come back anytime you need more information. Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. Thank you for trusting Westonci.ca. Don't forget to revisit us for more accurate and insightful answers.