Question

When the economy enters a​ recession, your employer is​ ___________ to reduce your wages because​ _______.

a. ​likely; output prices always fall during recession
b. ​unlikely; output and input prices generally fall during recession?

Answer 1

The correct option is "b".
When the economy enters a​ recession, your employer is ​unlikely to reduce your wages because​ output and input prices generally fall during recession.
when there is a temporary economic decline means there is a reduction in trade and industrial activities, that period or time is known as recession.