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     EduGorilla 
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    Choose the right arrangement-

    Recessions generally occur when there is a__________________drop in spending, often following an_______________supply shock or the bursting of an economic bubble (also called speculative bubble). Governments usually__________________to recessions by adopting expansionary macroeconomic policies, such as increasing money supply, increasing government spending and decreasing__________________.

    Options :-

    1. widespread, adverse, respond, taxation
    2. expansionary, easy, react, occur
    3. pervasive, spending, counter, tariff
    4. genral, aiding, reply, assessment
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