If the unemployment rate has reached an all-time high,the production of output is probably
A) high
B) low
C) stable
D) fluctuating
E) equal to its potential

Question

Quizplus · Accepted Answer

When the unemployment rate is at an all-time high, it suggests there are fewer jobs available and a high number of people are unable to find employment. This often leads to a decrease in production output as businesses may have less revenue or may not be able to find workers to produce their goods/services.

If the Unemployment Rate Has Reached an All-Time High,the Production