In Case of a Recession…
We’re hearing a lot of anticipation that a slump in our economy could be coming our way. In this listening comprehension, let’s find out more about what this means and how we can prepare for one.
You will hear part of an interview with a top economist.
Q1. According to the economist, what happens in a recession?
- higher consumer income
- many people change their jobs
- high unemployment
- workers are upskilled to stay competitive
Q2. How does the economist think we should we prepare for a recession?
- we should pay off our debts
- we should seek new employment
- we should invest carefully
- we should start saving and plan our expenses
1) C
2) D