A time of declining economic activity when businesses decrease production,unemployment rises,and many consumers have less money to spend is referred to as
A)deflation.
B)inflation.
C)prosperity.
D)a recession.
E)a depression.

Question

Quizplus · Accepted Answer

Periods of declining economic activity are referred to as recessions.During recessions,businesses decrease production,unemployment rises,and many consumers have less money to spend.

A Time of Declining Economic Activity When Businesses Decrease Production,unemployment