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1 vote
Quiz

Question 3 of 10
One way to determine the strength of the economy is to watch how consumers
and producers are acting. When can an economy be considered strong?
1. when consumer spending is low
2. when producer spending is high
3. when production of goods is low
4. when consumer spending is high

1 Answer

4 votes

Answer: The correct answer is 4

Explanation: The higher consumer spending is, the more demand for goods there is. With higher demand for goods the prices and production of them goes up and so does the amount of money being made

Hope this helps :)

answered
User Mayur Koshti
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