Register
During recessions a. workers are laid off. b. factories are idle. c. firms may find they are unable to sell all they produce. d. All of the above are correct.
186k views
0 votes
During recessions

a. workers are laid off.
b. factories are idle.
c. firms may find they are unable to sell all they produce.
d. All of the above are correct.

User Otobo
by
6.3k points

1 Answer

4 votes

Answer:

The correct option is d.

Step-by-step explanation:

Recession: It is a period that impacts the overall gross domestic product (GDP) in a decreasing manner. It affects the companies sales, production to a large extent.

When the company is facing huge losses, so the chances of terminating the employees are high, the machines and factories become idle, etc.

So, it impacts the overall day to day activities in a negative manner.

Hence, the correct option is d.

User Phuthib
by
4.7k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.7m questions

7.4m answers

Other Questions

_____ reminds customers and clients that they made a good choice in selecting a company with which to do business, or it reminds them of the good qualities of their purchase.​
On august 1 the darius co. purchased a photocopy machine for $8,000. the estimated annual depreciation on the machine is $1,680. if the company prepares annual financial statements on december 31, the
When president obama was elected, the u.s. economy was in trouble, and has slid into a recession. consumer spending was low and getting worse. in an effort to stop the decline, president obama proposed
Ensuring that an individual is who they claim to be is the function of _____. select one: a. confidentiality b. authorization c. availability d. authentication e. nonrepudiation
The current market price for good y is above the equilibrium price, and then the price of a subsitute good, x, increases. the demand curve for good y shifts as a result. what is the likely outcome of the
Link Copied!