Which of the following best explains what happens when consumers think the economy is struggling?

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

2. People spend more, businesses produce a lot, and unemployment is low.

3. People spend less, businesses produce too much, and unemployment is low.

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

Question

Santos Powell

31 January, 16:04

+1

Answers (1)

Know the Answer?

Van Ramirez · Answer 1

D on ED 2020

Explanation:

4. People spend less, businesses produce less, and unemployed rises.