What was the short-term effect of the introduction of installment plans on the U.S. economy?

A. Unemployment rose as fewer new products needed to be made.

B. Wages declined as businesses had less money to pay workers.

C. The economy grew rapidly as consumers spent more and more money.

D. Consumer goods sales fell as people paid off things they already had.

Question

What was the short-term effect of the introduction of installment plans on the U.S. economy?

 A. Unemployment rose as fewer new products needed to be made.

 B. Wages declined as businesses had less money to pay workers.

C. The economy grew rapidly as consumers spent more and more money.

D. Consumer goods sales fell as people paid off things they already had.

nurali · Answer

The economy grew rapidly as consumers spent more and more money.