During a recession, business spending falls but consumer spending remains relatively unchanged.

Name: During a recession, business spending falls but consumer spending remains relatively unchanged.
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Question

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During a recession, both business and consumer spending tend to decrease. Consumers tend to become more cautious with their spending due to job insecurity and decreased income, while businesses may cut back on expenditures in order to weather the economic downturn.

During a Recession, Business Spending Falls but Consumer Spending Remains