Question

Which of the following is not something that states saw a significant decrease in as a result of the recession?

a.
housing
b.
retail sales
c.
jobs and income
d.
transportation costs

Answer 1

d. transportation costs

Answer 2

Answer: Option 'd' is correct.

Explanation:

Recession is a period in which industry and trade activity gets reduced.

Five major parts get affected due to recession are as follows:

1) Real GDP

2) Income

3) Employment

4) Manufacturing

5) Retail Sales

So, According to this only "Transportation costs is something that states saw a significant decrease in as a result of the recession.

Hence, Option 'd' is correct.