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What Was the Effect of the 1970s Recession on Employment

Question 14

Multiple Choice

What was the effect of the 1970s recession on employment?


A) Labor unions became inactive and declined in influence and membership.
B) Welfare benefits provided were less advanced than they were in the 1930s.
C) The levels of structural unemployment, coupled with inflation, were high.
D) The limited government unemployment compensation that was provided increased human suffering.

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