Increased unemployment can reduce consumer demand for goods and services,leading to:
A)economic expansion.
B)inflation.
C)deflation.
D)budget surplus.
E)recovery.

Question

Quizplus · Accepted Answer

Increased unemployment typically leads to reduced consumer spending, which can decrease demand for goods and services. This reduced demand can lead to deflation, where prices of goods and services fall.

Increased Unemployment Can Reduce Consumer Demand for Goods and Services,leading