Question

A major new invention can lead to an expansion if there

A. are increases in saving, the money supply, and employment.
B. decreases in wealth and increases in consumption and unemployment.
C. increases in investment, consumption, output, and employment.
D. decreases in saving and increases in consumption and unemployment.

Answer 1

C, increases in investment, consumption, output and employment.

Step-by-step explanation:

A new invention can lead to an increase in investments as individuals are ready to buy shares and stock of the company that has made the invention. A new invention can also cause an expansion in employment as it creates job opportunities for the populace. it also expands output of production of other goods and services.

Cheers.