Author Question: What did the growing inequality of income during the 1920s indicate? (a) That consumption ... (Read 26 times)

V@ndy87 · **on:** Jun 30, 2018

What did the growing inequality of income during the 1920s indicate?

(a) That consumption expenditures would tend to weaken even though total income continued to rise
(b) That spending for goods and business incentives to produce those goods became increasingly dependent on the wealthy
(c) That the economy became more vulnerable to any shock, such as a stock market crash, that reduced the willingness of the wealthy to buy goods
(d) All of the above

Question 2

Governments, not markets, have the best record of allocating investment resources into those projects with the highest expected rate of return.

Indicate whether the statement is true or false