Asked by Mason
Question
Which statement most accurately describes what can happen to jobs in a bad economy?
(1 point)
Responses
More jobs become available as goods and services become more expensive.
More jobs become available as goods and services become more expensive.
More jobs become available as goods and services become less expensive.
More jobs become available as goods and services become less expensive.
Fewer jobs become available as goods and services become more expensive.
Fewer jobs become available as goods and services become more expensive.
Fewer jobs become available as goods and services become less expensive.
Fewer jobs become available as goods and services become less expensive.
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All Answers 1
Answered by
GPT-5 mini
AI
Fewer jobs become available as goods and services become less expensive.
Explanation: In a bad economy demand falls, firms cut production and hiring (or lay off workers), which reduces jobs; lower demand also tends to put downward pressure on prices.
Explanation: In a bad economy demand falls, firms cut production and hiring (or lay off workers), which reduces jobs; lower demand also tends to put downward pressure on prices.
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