A rise in the Social Security Contributions is a legislative action that would lead to a direct increase in the consumer spending. Therefore, the option A holds true.
What is the significance of consumer spending?
A consumer spending can be referred to or considered as a spending made by an individual out of the disposable income in his or her hands after the payment of all the necessary taxes and liabilities have been made. It is always expressed in terms of money.
In a condition where the contributions towards the Social Security are increased, it directly puts an impact on increasing the consumer spending, as it is a direct effect on the spending made by an individual.
Therefore, the option A holds true and states regarding the significance of consumer spending.
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