Which of the following fall during a recession?
A)both retail sales and employment
B)retail sales but not employment
C)employment but not retail sales
D)neither employment nor retail sales

Question

Quizplus · Accepted Answer

During a recession, both retail sales and employment fall. This is because people have less money to spend and thus demand for goods and services decreases, leading to lower sales for businesses. As a result, businesses may also lay off workers in order to reduce costs.

Which of the Following Fall During a Recession