What is the effect of government spending on pensions?
A)Pensioners invest more, and this reduces the interest rate.
B)Pensioners reduce the availability of workers.
C)Retailers benefit from pensioners' spending.
D)There is a decrease in pensioners' service requests.

Question

Quizplus · Accepted Answer

Government spending on pensions increases the income of pensioners, and this may lead to higher spending on goods and services, which benefits retailers.

What Is the Effect of Government Spending on Pensions