Business
Business, 11.02.2020 21:47, mooredollie

During a recession (downturn) in the economy firms lay off workers and the unemployment rate rises. During these times we can expect the demand for normal goods to ___ and the demand for inferior goods to .

(A) decrease : increase
(B) decrease : decrease
(C) increase : increase
(D) increase : decrease

answer
Answers: 2

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During a recession (downturn) in the economy firms lay off workers and the unemployment rate rises....

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