During a recession the unemployment rate generally ________ and during an expansion the unemployment rate generally ________.

Question

Quizplus · Accepted Answer

During a recession, businesses may be forced to cut costs by laying off workers, resulting in an increase in unemployment. Conversely, during an expansion, businesses may be hiring more workers to keep up with increased demand, resulting in a decrease in unemployment.

During a Recession the Unemployment Rate Generally ________ and During