Which of the following events most likely explains renewed demand in a recovery period? Increased employment means increased availability of funds. Need and, hence, demand increase as goods wear out. Producers decrease prices to prompt demand and recovery. Economic policy renews consumer confidence and, hence, demand.

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Amira

15 March, 08:30

Which of the following events most likely explains renewed demand in a recovery period? Increased employment means increased availability of funds. Need and, hence, demand increase as goods wear out. Producers decrease prices to prompt demand and recovery. Economic policy renews consumer confidence and, hence, demand.

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Bentley Orr · Answer 1

The best statement in terms of renewed demand in a recovery period would be that "Increased employment means increased availability of funds," since more people have moe money to spend.