8 which of the following typically rises during a recession? a unemployment b average income c production d…
8 which of the following typically rises during a recession? a unemployment b average income c production d stock prices
Answer
Brief Explanations:
During a recession, economic activity slows down. Businesses cut back on production and employment, leading to higher unemployment. Average income falls as people lose jobs or face pay - cuts. Production decreases due to lower demand, and stock prices also tend to decline as investors are pessimistic.
Answer:
A. Unemployment