The demand for _____ is most severely affected by a recession.
A)medicines
B)automobiles
C)breakfast cereals
D)haircuts
E)gasoline

Question

Quizplus · Accepted Answer

During a recession, people tend to cut back on big-ticket purchases like automobiles, making the demand for them decrease. The demand for necessities like medicines, breakfast cereals, haircuts, and gasoline may also decrease to some extent during a recession, but not as severely as automobiles.

The Demand for _____ Is Most Severely Affected by a Recession