The Great Recession was similar to other recessions since World War II in that
A) the rate of unemployment increased and then decreased at a later time.
B) the rate of inflation was extremely high.
C) real gross domestic product (GDP)rapidly increased and then leveled off.
D) the rate of economic growth was unchanged.
E) the rate of unemployment decreased and then increased at a later time.

Question

Quizplus · Accepted Answer

The Great Recession followed a similar pattern to other post-World War II recessions, where the rate of unemployment increased and then eventually decreased at a later time. However, the other options presented (B, C, D, and E) do not accurately describe the pattern of the Great Recession.

The Great Recession Was Similar to Other Recessions Since World