Unemployment rates __________ during contractions and __________ during expansions.
A)rise,fall
B)fall,fall
C)rise,stay the same
D)stay the same,fall
E)fall,rise

Question

Quizplus · Accepted Answer

During economic contractions, businesses and industries tend to cut back on hiring, which leads to an increase in unemployment rates. Conversely, during economic expansions, businesses and industries tend to increase their hiring, leading to a decrease in unemployment rates. Therefore, option A is the correct answer.

Unemployment Rates __________ During Contractions and __________ During Expansions

Unemployment Rates During Contractions and During Expansions