During a recession,the duration of unemployment ________ and the unemployment rate is ________ the natural rate of unemployment.
A) shortens;equal to
B) shortens;greater than
C) does not change;equal to
D) lengthens;less than
E) lengthens;greater than
Correct Answer:
Verified
Q46: During a recession, the average duration of
Q48: The average duration of unemployment
A) decreases during
Q58: Full employment is the level of unemployment
Q61: As the unemployment rate increases,
A) potential GDP
Q64: The natural unemployment rate is
A) the same
Q68: During a recession,
A) real GDP is equal
Q69: Potential GDP is reached when
A) unemployment is
Q115: When cyclical unemployment is zero,
A)cyclical and frictional
Q118: On average in Australia since 2001,it has
Q123: At the peak of a business cycle,the
A)cyclical
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents