Question

This question has 2 parts
(Use picture for part 2)

National Unemployment Rate Rising
Rate of Inflation Falling

Given the conditions in the headline above, what is likely to happen to spending in
the economy?

spending would decrease because income is rising

spending would increase because prices are rising

spending would decrease because income is falling

spending would stagnate because income is falling

Answer 1

Since the image is not given, answer will be subjective. The spending in

the economy would decrease because income is falling.

What is income?

The income of a person is known to be what a person is been paid for working for a firm or others.

Note that  The spending in the economy would decrease because income is falling because there is no much money in the circulation.

Learn more about spending from

https://brainly.com/question/1348399

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