Recession Come at

question 14

Multiple Choice

Recession come at

• A)regular intervals.During recessions consumption spending falls relatively more than investment spending.
• B)regular intervals.During recessions investment spending falls relatively more than consumption spending.
• C)irregular intervals.During recessions consumption spending falls relatively more than investment spending.
• D)irregular intervals.During recessions investment spending falls relatively more than consumption spending.

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Definitions:

Income

Income is the money received by an individual or business in exchange for labor, services, or investment, usually measured over a specific period like a month or a year.

Household Spending

The total expenditure by household members on goods and services for their own use.

Personal Incomes

The total annual income received by an individual from all sources before taxes.

Poor

Refers to individuals or communities lacking financial resources and essentials for a minimum standard of living.