Question

introduction to career planning unit test
which statement most accurately describes what can happen to jobs in a bad economy?
(1 point)
more jobs become available as goods and services become more expensive.
more jobs become available as goods and services become less expensive.
fewer jobs become available as goods and services become more expensive.
fewer jobs become available as goods and services become less expensive.

Explanation:

In a weak economy, consumer demand drops, so businesses face reduced revenue. They often cut costs by laying off workers, leading to fewer jobs. At the same time, inflation (a common feature of struggling economies in some cases) or supply chain issues can drive up the prices of goods and services, making them more expensive. This matches the relationship of fewer jobs alongside more expensive goods/services.

Answer:

C. Fewer jobs become available as goods and services become more expensive