Answered: . Which of the following fall during a…

. Which of the following fall during a recession?a. both retail sales and employmentb. retail sales but not employmentc. employment but not retail salesd. neither employment nor retail sales

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

. Which of the following fall during a recession?
a. both retail sales and employment
b. retail sales but not employment
c. employment but not retail sales
d. neither employment nor retail sales

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