Diagnostic Misconceptions - Recessions

Test yourself on Diagnostic Misconceptions - Recessions

• Which of the following is true about businesses during a recession?

• Do all consumers in an economy spend less when there is a recession?

• Can a business that sells to consumers who do not decrease their spending in a recession actually improve its performance and profits during a recession?

• Which of these types of businesses would you expect to benefit from an economic recession?

• Which of these types of businesses would you expect to benefit from an economic recession?