If the unemployment rate has reached an all-time low,the production of output is probably
A) high
B) low
C) fluctuating
D) stable
E) inefficient

Question

Quizplus · Accepted Answer

When the unemployment rate is at an all-time low, there is likely a shortage of available workers, indicating that the economy is performing well and demand for goods and services is high. This often leads to an increase in production output in order to meet the demand.

If the Unemployment Rate Has Reached an All-Time Low,the Production