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9 June, 04:29

Which of these conditions is least likely to exist in a recession or a

depression?

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Answers (1)
  1. 9 June, 07:09
    0
    Less unemployment

    Explanation:

    People who are not employed will have little income, and this contributes to a lower consumption of commodities. Demand and rates are likely to decrease. This, therefore, confuses people because there are few opportunities, thus causing a recession that occurs as unemployment decreases.

    When the rate of unemployment increases, the recession also worsens, the rise of structural unemployment has contributed significantly to this, thus triggering the recession. The economy is also drastically affected because of the changes in employment status.
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