Which of the following explains the cause of the change in the unemployment rate during the early stages of recovery?
A) At the end of a recession the number of new firms being created (and therefore hiring workers, falls.
B) Firms rapidly hire new workers at the first sign of on an increase in demand for their goods.
C) Discouraged workers return to the labour force and this makes the unemployment rate fall.
D) Discouraged workers return to the labour force and this makes the unemployment rate rise.
E) There is a rise in the number of new workers entering the labour force for the first time.
Correct Answer:
Verified
Q166: How does a decrease in the tax
Q168: Carefully define the two categories of saving
Q171: In an open economy,the relationship between GDP
Q174: Using equations for public and private saving,show
Q178: Explain why increasing the government budget deficit
Q181: Explain and show graphically how a decrease
Q186: An increase in the government budget deficit
Q192: Which of the following would occur if
Q193: Which of the following will increase the
Q194: Explain and show graphically how a decrease
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