The Demand for _____ Is Most Severely Affected by a Recession

question 33

Multiple Choice

The demand for _____ is most severely affected by a recession.

• A)medicines
• B)automobiles
• C)breakfast cereals
• D)haircuts
• E)gasoline

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Definitions:

Enforceable

Refers to a rule, obligation, or agreement that can be legally imposed or carried out.

Illegal Contract

An agreement that is void and unenforceable by law due to its illegal subject matter or terms.

Legislation

The process of making or enacting laws.

Void

A term describing a legal document that is null and has no legal force or effect.