annaPriblairfe
annaPriblairfe annaPriblairfe
  • 02-05-2016
  • Business
contestada

Which best describes how a recession develops as demand and production decreases?

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Аноним Аноним
  • 09-05-2016
As the demand decreases, production also decreases. Due to this, products, goods, and services will have higher prices. Less people are required in the work force, resulting to lay-offs and rise of the unemployment rate. Consequently, the rate of investment also drops. All of this downgrading best describes how a recession develops. 
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Abigail2563
Abigail2563 Abigail2563
  • 13-01-2021

Answer:

C

Explanation:

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