If all firms expect greater demand for their products or services,they will hire _____ resources like labor and capital and the economy will experience _____.

A) fewer;recession
B) fewer;growth
C) more;deflation
D) more;recession
E) more;growth

Demand

The quantity of a good or service that consumers are willing and able to purchase at various prices during a given period.

Recession

A period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.

Deflation

A sustained decrease in the price level.