A(n)______ indicates a private sector that is cutting back and not hiring or is laying off workers.

Question

Quizplus · Accepted Answer

An increase in the unemployment rate indicates that there are more workers who are not employed, which could happen if the private sector is cutting back or laying off workers. A decrease in the consumer price index or inflation rate may not necessarily indicate the state of the private sector, and an increase in gross domestic product may indicate economic growth but may not necessarily reflect the hiring practices of the private sector.

A(n)______ Indicates a Private Sector That Is Cutting Back and Not