which of the following best explains what happens when consumers think the economy is struggling?\npeople…

which of the following best explains what happens when consumers think the economy is struggling?\npeople spend more, businesses produce less, and unemployment rises.\npeople spend more, businesses produce a lot, and unemployment is low.\npeople spend less, businesses produce too much, and unemployment is low.\npeople spend less, businesses produce less, and unemployment rises.

which of the following best explains what happens when consumers think the economy is struggling?\npeople spend more, businesses produce less, and unemployment rises.\npeople spend more, businesses produce a lot, and unemployment is low.\npeople spend less, businesses produce too much, and unemployment is low.\npeople spend less, businesses produce less, and unemployment rises.

Answer

Brief Explanations:

When consumers think the economy is struggling, they become more cautious with spending. With lower consumer demand, businesses produce less. Reduced production leads to lay - offs, increasing unemployment.

Answer:

People spend less, businesses produce less, and unemployment rises.