The unemployment rate generally falls during ________ in the business cycle.
A) a peak
B) a recession
C) a trough
D) an expansion
Correct Answer:
Verified
Q221: When the unemployment rate is less than
Q222: The natural unemployment rate
A) is the same
Q223: When real GDP is _ potential GDP,
Q224: The natural unemployment rate
A) occurs when the
Q225: The relationship between the unemployment rate and
Q227: When more labor is unemployed than the
Q228: When cyclical unemployment increases and other things
Q229: At the natural unemployment rate, there is
Q230: Suppose that the unemployment rate equals 4.5
Q231: Suppose the economy is experiencing frictional unemployment
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