Recessions are typically characterized by declines in the average income, because of this we can argue that a typical recession will negatively impact all producers of consumer goods.

A. True
B. False

The correct answer is letter "A": True.

Explanation:

Recessions are periods of economic cycles characterized by a constant decline in economic growth. Usually, the fall of the Gross Domestic Product (GDP) of a country for two consecutive quarters determines a recession. Recessions are characterized by increase in the rate of unemployment, a decrease in the real disposable income of average consumer which brings a drop in industrial and consumer product manufacturing, and the fall of overall retail sales.

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