3 years ago

What happens if there is a recession to the economy and unemployment increases?

1 answer:

6 0

Answer:

Unemployment tends to rise quickly, and often remain elevated, during a recession. With the onset of recession as companies face increased costs, stagnant or falling revenue, and increased pressure to service their debts they begin to lay off workers in order to cut costs.

Explanation:

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1 year ago

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3 years ago

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Answer:

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