Which are ways that the economy is affected when the unemployment rate goes up? Select all that apply.

Question

Which are ways that the economy is affected when the unemployment rate goes up? Select all that apply.

(1 point)
Fewer people pay income taxes.
Sales tax rates go down.
Many people refinance their houses.
Less money is spent on investments.
People spend more money on larger items.

Answer 1

Fewer people pay income taxes.

Less money is spent on investments.