In 1982, Canada was in recession. Which of the following things would you expect NOT to have happened?
A)layoffs and firings
B)a higher rate of bankruptcy
C)increased claims for unemployment insurance
D)increased investment spending

Question

Quizplus · Accepted Answer

During a recession, businesses tend to decrease their investment spending due to decreased demand for their products or services. Therefore, it would be unlikely for there to be an increase in investment spending during a recession.

In 1982, Canada Was in Recession