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BusinessBusiness
27 July, 01:59

During recessions

a. workers are laid off.

b. factories are idle.

c. firms may find they are unable to sell all they produce.

d. All of the above are correct.

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Answers (1)
  1. 27 July, 05:04
    0
    The correct option is d.

    Explanation:

    Recession: It is a period that impacts the overall gross domestic product (GDP) in a decreasing manner. It affects the companies sales, production to a large extent.

    When the company is facing huge losses, so the chances of terminating the employees are high, the machines and factories become idle, etc.

    So, it impacts the overall day to day activities in a negative manner.

    Hence, the correct option is d.
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Home » Business » During recessions a. workers are laid off. b. factories are idle. c. firms may find they are unable to sell all they produce. d. All of the above are correct.
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