Solved

From 1996 to 2006,3 Million U

Question 21

Multiple Choice

From 1996 to 2006,3 million U.S.manufacturing workers lost their jobs.As a result,


A) the U.S. economy is worse off because those people have lost their incomes and the government has lost the tax revenue from their incomes.
B) other sectors of the economy expanded and absorbed many of those individuals who had lost their jobs.
C) the overall unemployment rate in the United States increased.
D) the U.S. economy shrank, and the well-being of the average American declined.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents