If the economy goes into a recession, we can expect: Question 12 options: A). An
ID: 1203804 • Letter: I
Question
If the economy goes into a recession, we can expect: Question 12 options:
A). An increase in the supply of goods, lower prices, a decrease in the demand for labor and lower wages.
B. An increase in the demand for goods, higher prices, an increase in the supply of labor and lower wages.
C). A decrease in the demand for goods, lower prices, a decrease in the demand for labor and lower wages.
D). A decrease in the supply of goods, higher prices, an increase in the demand for labor and higher wages.
Explanation / Answer
C). A decrease in the demand for goods, lower prices, a decrease in the demand for labor and lower wages.
Related Questions
drjack9650@gmail.com
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.