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PLEASE HELP ASAP If the economy goes into a recession, we can expect: Question 1

ID: 1203805 • Letter: P

Question

PLEASE HELP ASAP

If the economy goes into a recession, we can expect: Question 13 options:

An increase in the supply of goods, lower prices, an increase in the supply of loanable funds (savings) and lower interest rates.

A decrease in the demand for goods, lower prices, a decrease in the demand for loanable funds (savings) and lower interest rates.

A decrease in the supply of goods, higher prices, a decrease in the demand for loanable funds (savings) and lower interest rates.

An increase in the demand for goods, higher prices, an increase in the supply of loanable funds (savings) and lower interest rates.

Explanation / Answer

A decrease in the demand for goods, lower prices, a decrease in the demand for loanable funds (savings) and lower interest rates.

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