Higher inflation and higher unemployment, which can be caused by an economic downturn, is likely to lead to all of the following except
A) higher taxes
B) increased regulatory restrictions
C) reduced government spending
D) increased consumer confidence

Question

Quizplus · Accepted Answer

Increased consumer confidence is unlikely during periods of higher inflation and higher unemployment, as these conditions typically lead to economic uncertainty and reduced consumer spending.

Higher Inflation and Higher Unemployment, Which Can Be Caused by an Economic