In a Recession

question 13

Multiple Choice

In a recession:

• A) National income is increasing.
• B) Unemployment is likely to be low.
• C) Spending is relatively low.
• D) Shops will have queues.

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Definitions:

Positively Correlated

A relationship between two variables where an increase in one variable is associated with an increase in the other.

Negatively Correlated

Negatively correlated refers to a relationship between two variables in which one variable increases as the other decreases, indicating an inverse association.

Technicians-in-training

Individuals who are in the process of acquiring the skills and knowledge necessary for technical professions through education and practical experience.

Scientists-in-training

Scientists-in-training refers to individuals, often at the graduate or post-graduate level, who are in the process of acquiring the skills and knowledge necessary to become professional scientists.