menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Microeconomics Study Set 2
  4. Exam
    Exam 6: Economic Growth, The Financial System, and Business Cycles
  5. Question
    Which of the Following Goods Would Be Most Likely to See
Solved

Which of the Following Goods Would Be Most Likely to See

Question 20

Question 20

Multiple Choice

Which of the following goods would be most likely to see demand increase during a recession?


A) instant noodles
B) steak
C) cars
D) houses
E) smart phones

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q2: The period of expansion ends with a

Q16: In a closed economy, which of the

Q18: If labour productivity growth slows down in

Q21: China has enjoyed a rate of economic

Q22: If taxes are less than transfers plus

Q23: Which of the following will result in

Q24: What is "human capital," and how does

Q25: If, in a closed economy, real GDP

Q98: The lengths of the recession and expansion

Q189: What factors increase potential GDP? Include a

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines