If you look for a job for eighteen months after graduation, but fail to generate an offer, even after lowering your expectations, the economy is probably in the business cycle phase called a:
A) recession.
B) peak.
C) boom.
D) recovery.
E) trough.

Question

Quizplus · Accepted Answer

A recession is characterized by a decrease in economic activity, rising unemployment, and a decrease in demand for labor. If a recent graduate is unable to find a job after eighteen months, despite lowering their expectations, it suggests that there is a lack of available jobs due to a weak economy.

If You Look for a Job for Eighteen Months After