During a recession,spending on ________ tends to fall more dramatically than spending on ________.
A)necessities; luxuries
B)durable goods; nondurable goods
C)nondurable goods; durable goods
D)food; cars

Question

Quizplus · Accepted Answer

During a recession, consumers often cut back on spending for items that are considered non-essential or can be postponed, such as durable goods (e.g., cars, appliances). In contrast, spending on nondurable goods (e.g., food, toiletries) tends to be more stable because these items are essential and consumed regularly.

During a Recession,spending on ________ Tends to Fall More Dramatically