Multiple Choice
During a recessionary period, which of the following economic behavior would be expected?
A) Consumer would switch from premium brands to lower-priced ones.
B) Consumer use of credit would increase.
C) Taxes would increase nationally.
D) Property values would jump dramatically.
E) Consumers would use the majority of their discretionary income on groceries.
Correct Answer:

Verified
Correct Answer:
Verified
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