Which of these is most closely associated with an economic recession? *
1.an increase in stock prices
2.an increase in consumer spending
3.a decrease in the demand for labor
4.a decrease in the minimum wage
Answer:
3. a decrease in demand for labor
Explanation:
Economic recession is associated with the significant loss of economic activity. The economic activity includes like Goss domestic production, income, industries and wholesale.
The recession may be for the short and long term and be followed by a raid r a slow recovery. Such as economic slowdown after the corona affected nations and indirectly affected the wages and salaries of the workers and laborers.Hence the option 4 is correct.
Learn more about the these are most closely associated with an economic recession.
brainly.com/question/3978009.
Which metric measures the customers willingness to recommend the clients product and services to others
Answer:
Net promoter score.
Explanation:
Net promoter score can be defined as a metric that measures the customers willingness to recommend the clients product and services to others.
In Business management, one of the key metrics that is being used by producers or service providers to measure the efforts of a customer to recommend their products and services to others is the net promoter score. The net promoter score is graded on a scale of -100 to 100 to measure customer satisfaction and the willingness of the customer to recommend such products or services to their peers, families or colleagues.
This ultimately implies that, a net promoter score helps business owners to gather information on how satisfied their customers are and if they would be loyal enough to the brand by recommending their products or services to others.
