Author Question: Increasing the amount of consumption spending and reducing the amount of savings ________ investment ... (Read 451 times)

lidoalex · **on:** Jun 29, 2018

Increasing the amount of consumption spending and reducing the amount of savings ________ investment expenditures, and ________ long-run economic growth in the economy.

A) decreases; increases B) increases; decreases
C) increases; increases D) decreases; decreases

Question 2

List four government expenditure programs designed to redistribute income.

What will be an ideal response?

chreslie · **Reply #1 on:** Jun 29, 2018

Answer to Question 1

D

Answer to Question 2

Student responses will vary but should include four of the following:
(1.) Social Security.
(2.) Public Assistance.
(3.) Supplemental Security Income.
(4.) Unemployment Compensation.
(5.) Medicaid.
(6.) Medicare.
(7.) Food Stamps.
(8.) Earned Income Tax Credit.
(9.) Housing Programs