Question

Which is not a consequence of recession?

A: Unemployment
B: Rise in poverty and inequality
C: Firms go out of business
D: Rise in income

Answer 1

Answer:

rise in income.

Explanation:

because it is a part of growing economy where demand increases which lead to increase in prices of goods and services and thus employment rate also increases culminating to rise in income levels.

whereas in recession unemployment rate peaks and people are subject to the clutches of poverty and misery.