M Martin V New member Sep 21, 2009 #1 An economy experiences a recession when the amount of goods and services demanded by consumers and businesses fall short of the amount the economy can can produce for a sustained period of time. Is this correct?
An economy experiences a recession when the amount of goods and services demanded by consumers and businesses fall short of the amount the economy can can produce for a sustained period of time. Is this correct?
R rhea New member Sep 21, 2009 #2 yeah..pretty much! its just that the quantity produced is much higher than the quantity demanded...
