Which of the following variables typically moves in the opposite direction from national income?
A) the inflation rate
B) the unemployment rate
C) consumption
D) investment
E) GDP

Question

Quizplus · Accepted Answer

The unemployment rate typically moves in the opposite direction from national income. When national income increases, there is typically a decrease in the unemployment rate, and vice versa. The other variables listed (inflation rate, consumption, investment, and GDP) do not typically move in the opposite direction from national income.

Which of the Following Variables Typically Moves in the Opposite