Practice Quiz

CLEP Economics Exam Prep

Category - Economics

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What is most likely to happen when consumers increase their purchases of goods and services?
  1. Businesses will increase production, and workers will receive more income.
  2. Businesses will increase production, and workers will receive less income.
  3. Businesses will decrease production, and workers will receive more income.
  4. Businesses will decrease production, and workers will receive less income.
Explanation
Answer: A - Businesses will increase production, and workers will receive more income.
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