Which of the following statements is NOT true about the labour market during economic fluctuations?
A) The unemployment rate rises during recessions.
B) The unemployment rate drops during expansions.
C) The part of unemployment that is associated with recessions is called cyclical unemployment.
D) Real wages grow slowly or decline during recessions.
E) Workers are more likely to receive promotions during recessions.
Correct Answer:
Verified
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A) same as actual
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