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Which of these is most closely associated with an economic recession? *
1.an increase in stock prices
2.an increase in consumer spending
3.a decrease in the demand for labor
4.a decrease in the minimum wage

Respuesta :

Answer:

3. a decrease in demand for labor

Explanation:

Economic recession is associated with the significant loss of economic activity. The economic activity includes like Goss domestic production, income, industries and wholesale.

  • The recession may be for the short and long term and be followed by a raid r a slow recovery.
  • Such as economic slowdown after the corona affected nations and indirectly affected the wages and salaries of the workers and laborers.

Hence the option 4 is correct.

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