What 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, there is a significant decline in economic activity, resulting in a decrease in employment and income levels. Businesses may cut back on their spending, leading to reduced job opportunities and wages. Consumers may also spend less, leading to decreased demand for goods and services, which can further harm businesses and the economy as a whole.

What Does the Economy Experience During a Recession