Solved

Even Though Recessions Cause Hardships for the Unemployed and the

Question 52

Multiple Choice

Even though recessions cause hardships for the unemployed and the


A) higher unemployment provides politicians a reason for prolonging deficit reduction measures.
B) firms have greater incentive to produce output since people have less than they want.
C) workers have less necessity to increase productivity since demand has fallen off.
D) firms have greater incentive to increase job creation since fewer people have jobs.
E) recessions serve as a catalyst to expand modern plants and close down outdated ones.

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