In a recession,typically
A)unemployment rises.
B)the employment-to-population ratio decreases.
C)the employment-to-population rate rises.
D)the labour force participation rate rises.
E)both A and B are correct.

Question

Quizplus · Accepted Answer

In a recession, unemployment typically rises due to reduced demand for goods and services, leading to job losses. Consequently, the employment-to-population ratio decreases as fewer people are employed relative to the total population.

In a Recession,typically