In recessions,as the price of assets falls,the owner's equity in these assets falls as well.

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In recessions, the prices of assets tend to fall, which can result in a decline in the equity value of the assets. This is because equity represents the difference between the asset's market value and any outstanding debt or liabilities. As the market value of the asset falls, the equity value also declines. This can have a negative impact on the owner's net worth and financial stability.

In Recessions,as the Price of Assets Falls,the Owner's Equity in These