A recession is a period during which
A)aggregate demand, production, and unemployment rises.
B)aggregate demand, production, and unemployment falls.
C)aggregate demand, production, and unemployment remain the same.
D)aggregate demand and production rises while unemployment remains the same.
E)aggregate demand and production falls while unemployment rises.

Question

Quizplus · Accepted Answer

During a recession, aggregate demand and production typically fall, while unemployment rises due to decreased economic activity.

A Recession Is a Period During Which