what is the connection between prices and recession?

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what is the connection between prices and recession?

2007-12-02 12:41:13 · 2 answers · asked by ken 1 in Social Science ➔ Economics

2 answers

in a recession prices go up. they go up because less people are buying.

2007-12-02 15:15:22 · answer #1 · answered by Anonymous · 0⤊ 0⤋

None whatsoever. Until 1970s, it was thought that recessions are deflationary, but then the developed world went through an extended period of stagflation (stagflation = stagnation + inflation).

2007-12-02 21:11:46 · answer #2 · answered by NC 7 · 0⤊ 0⤋