The unemployment rate is an important economic statistic that can tell us about the health of the economy.If the unemployment rate turns out to be high or higher than anticipated,we would expect
A)it is more likely that an incumbent president will be re-elected.
B)that stock prices are more likely to fall.
C)that jobs are less difficult to find.
D)that investors will be more optimistic about the economy.

Question

Quizplus · Accepted Answer

A high or higher than anticipated unemployment rate typically signals that the economy is struggling, which can lead to a decrease in investor confidence and a drop in stock prices. This can make the market less attractive for investors, leading to a decline in stock prices.

The Unemployment Rate Is an Important Economic Statistic That Can