Question

Which of these events would most likely cause a recession?

the price of gasoline rises by ten percent
political leaders pass large spending cuts
many people find new jobs at the same time
the value of total net exports rises unexpectedly

Answer 1

[AI-generated answer — Bot GPT 3.5]

Political leaders passing large spending cuts is the event most likely to cause a recession. This is because when government spending is significantly reduced, it usually leads to decreased economic activity and can result in a downturn in the overall economy.