After the recession of 2007-2009,the unemployment rate peaked at 10.0 percent in October 2009.18 months later,it had
A)dropped by 50 percent.
B)declined by only 1 percentage point.
C)remained at 10.1 percent.
D)fallen to the natural rate of unemployment.

Question

Quizplus · Accepted Answer

18 months after October 2009, the unemployment rate had only declined by about 1 percentage point, not by 50 percent or to the natural rate of unemployment.

After the Recession of 2007-2009,the Unemployment Rate Peaked at 10