Which best describes how a recession develops as demand and production decrease?

the answer is c: the recession feeds on itself.

The recession feeds on itself describes how a recession develops as demand and production decrease.

The term recession is used denote economic situation in which the economy stops growing and goes into reverse, consumers spend less , there are fewer jobs ...Usually, recessions correct themselves when interest rates go down.

1190

step-by-step explanation:

1400 - 15% to get the answer.

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"choosing is refusing" means individuals face an opportunity cost with each decision they make. economists state that every decision involves trade-offs. opportunity cost is the least desirable alternative given up as a result of a decision.