During a recession, customers tend to:
A) Increase their effective demand for goods and services.
B) Increase their expenditure on goods and services.
C) Decrease their effective demand for goods and services.
D) None of the above.

Question

Quizplus · Accepted Answer

During a recession, customers tend to decrease their effective demand for goods and services due to lower income levels and economic uncertainty, leading to reduced spending.

During a Recession, Customers Tend To