A recession does NOT lead to:
A) higher unemployment.
B) reduced output.
C) reduced income and living standards.
D) higher employment.

Name: A recession does NOT lead to: A) higher unemployment. B) reduced output. C) reduced income and living standards. D) higher employment.
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Question

Quizplus · Accepted Answer

A recession typically leads to higher unemployment, reduced output, and reduced income and living standards. It does not lead to higher employment.

A Recession Does NOT Lead To