Question

during periods of economic growth, consumers buy more goods and services. this causes businesses to produce _____ goods and services. (a)more (b)fewer (c)the same

Answer 1

(a) they produce more because of the high amounts being bought

Answer 2

Answer: (a)more

During periods of economic growth, consumers buy more goods and services. This causes businesses to produce more goods and services.

Explanation:

Economic growth refers to a rise in the production of goods and service in a country which is as a result of increase in the demand for goods and services by consumers over a specified period of time. Thus, gain increases thereby leading to more capital investment, extra workers are employed and worker’s salaries also increase.