Question:

Recession in the market implies

Updated On: Sep 25, 2024
  • Slump in trade & industry due to fall in demand
  • Increase in trade and industry due to rise in demand
  • No change in trade and industry due to stability in demand
  • None of these
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The Correct Option is A

Solution and Explanation

The Recession in the market implies that the Slump in trade & industry due to fall in demand
It implies that a significant decline in economic activity across the economy
The correct option is (A)
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