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

(d)

Economics

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When a country's export spending exceeds import spending, the country is experiencing a:

A) trade deficit. B) trade surplus. C) budget deficit. D) none of the above.

Economics

Price discrimination occurs when a firm sells

A) a given product at different prices at different points in time. B) a given product at different prices to different ethnic groups. C) a given product at different prices unrelated to differences in cost. D) a given product at different prices when it is produced in different colors.

Economics