The term "dollar votes" means:
A) inflation will occur if consumers do not spend wisely.
B) voters may be offered dollars to help elect certain political candidates.
C) government is responsible for determining what will be considered legal money.
D) consumers "vote" for certain products to be produced by how they spend their incomes.

Question

Quizplus · Accepted Answer

Dollar votes refer to the power consumers have to influence the economy and production by deciding what products they spend their money on. The products that receive more purchases will be produced more by companies, while those that are ignored will eventually be phased out.

The Term "Dollar Votes" Means