Which are ways that the economy is affected when the unemployment rate goes up? Select the two correct answers.
(1 point)
Responses
Fewer people pay income taxes.
Fewer people pay income taxes.
Sales tax rates go down.
Sales tax rates go down.
Many people refinance their houses.
Many people refinance their houses.
Less money is spent on investments.
Less money is spent on investments.
People spend more money on larger items.
People spend more money on larger items.
The two correct answers are:
1. Fewer people pay income taxes.
2. Less money is spent on investments.