During an economic expansion, real GDP ________ and unemployment ________.
A) increases; increases
B) increases; decreases
C) decreases; increases
D) decreases; decreases
Correct Answer:
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Q186: Auto and steel workers commonly experience this
Q187: Unemployment caused by the fluctuation of the
Q188: Cyclical unemployment
A) decreases during an expansion.
B) grows
Q189: A recession causes a decrease in the
Q190: An observer of the economy notices that
Q192: Suppose the country of Quasiland experienced a
Q193: Cyclical unemployment
A) is the major part of
Q194: Cyclical unemployment _ during expansions and _
Q195: The primary factor leading to cyclical unemployment
Q196: If a worker is temporarily laid off
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