Register
PLEASE HELP ME ASAP PLEASE!!!!! Which of the following would occur if businesses all over the nation began laying off workers? A. There would be a surge of new employment opportunities. B. The government
59.3k views
4 votes
PLEASE HELP ME ASAP PLEASE!!!!!

Which of the following would occur if businesses all over the nation began laying off
workers?
A. There would be a surge of new employment opportunities.
B. The government would enact new job legislation.
C. Consumer spending would decrease due to unemployment
rising.
D. Consumer spending would increase due to unemployment
rising.

User TenG
by
8.5k points

2 Answers

3 votes
TL;DR- The answer is C.

Explanation. If People lose their jobs, they will spend less and instead save up money. This means that other businesses won’t make as much money, or will lose money. They’ll then fire their workers. Rinse and repeat.
User Josh Hunter
by
7.6k points
3 votes

Answer: I think it is C

Step-by-step explanation:

User Andy Dobedoe
by
8.4k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
You sell popcorn during your schools football games. Knowing that the people usually buy more when the price is lower, how would you price your popcorn after halftime?
The government has decided that the free market price of cheese is too low. Farmers complain that the price floor has reduced their total revenue.Is this possible? Explain
The government’s involvement in economy serves what two purposes?
Identify the advantages and disadvantages of a command economy.
Link Copied!