If the economy goes into a recession we can expectnbspan, Ask an Expert

Economics

If the economy goes into a recession, we can expect:

An increase in the supply of goods, lower prices, an increase in the supply of loanable funds (savings) and lower interest rates.

A decrease in the demand for goods, lower prices, a decrease in the demand for loanable funds (savings) and lower interest rates.

A decrease in the supply of goods, higher prices, a decrease in the demand for loanable funds (savings) and lower interest rates.

An increase in the demand for goods, higher prices, an increase in the supply of loanable funds (savings) and lower interest rates.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91857025

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