All of the following are true when the economy is growing except

Question

Quizplus · Accepted Answer

During economic growth, unemployment typically falls as firms hire more workers to keep up with increasing demand. This leads to a decrease in the duration of unemployment and a lower unemployment rate. However, underemployment (when people work part-time or in jobs that don't fully utilize their skills) may rise as firms try to cut costs by hiring part-time or lower-skilled workers instead of full-time employees. Therefore, option D is the correct answer.

All of the Following Are True When the Economy Is