If all firms expect greater demand for their products or services,they will hire _____ resources like labor and capital and the economy will experience _____.
A)fewer;recession
B)fewer;growth
C)more;deflation
D)more;recession
E)more;growth

Question

Quizplus · Accepted Answer

If firms expect greater demand, they will begin to hire more resources like labor and capital to meet that demand. This increase in hiring will lead to economic growth as more people are employed and spending money, which in turn stimulates businesses and the overall economy.

If All Firms Expect Greater Demand for Their Products or Services,they