which of the following best explains what happens when consumers think the economy is struggling?\n\npeople…

which of the following best explains what happens when consumers think the economy is struggling?\n\npeople spend more, businesses produce less, and unemployment rises.\n\npeople spend more, businesses produce a lot, and unemployment is low.\n\npeople spend less, businesses produce too much, and unemployment is low.\n\npeople spend less, businesses produce less, and unemployment rises.

which of the following best explains what happens when consumers think the economy is struggling?\n\npeople spend more, businesses produce less, and unemployment rises.\n\npeople spend more, businesses produce a lot, and unemployment is low.\n\npeople spend less, businesses produce too much, and unemployment is low.\n\npeople spend less, businesses produce less, and unemployment rises.

Answer

Brief Explanations:

When consumers expect a struggling economy, they reduce spending to save for potential financial hardship. Lower consumer demand means businesses sell fewer goods, so they cut production. Reduced production leads businesses to lay off workers, causing unemployment to rise.

Answer:

People spend less, businesses produce less, and unemployment rises.