Which of the following does the economy experience during a recession?
A)rising employment and income
B)rising employment and falling income
C)rising income and falling employment
D)falling employment and income

Question

Quizplus · Accepted Answer

During a recession, the economy experiences a decrease in economic activity, resulting in a reduction in employment opportunities and ultimately leading to a decline in income levels. Therefore, falling employment and income are characteristic of a recession.

Which of the Following Does the Economy Experience During a Recession