Unemployment generally ________ during recessions and ________ during expansions.
A) falls; rises
B) falls; falls
C) rises; falls
D) rises; rises
Correct Answer:
Verified
Q20: A period of very rapid increase in
Q21: In the United States between 1933 and
Q22: Between a trough and a peak, the
Q23: Unemployment means that
A) at the going wage
Q24: If output is rising and unemployment is
Q26: If 20 million workers are unemployed and
Q27: Between a peak and a trough, the
Q28: The unemployment rate equals
A) labor force/population.
B) unemployed/employed.
C)
Q29: The demand for steel has decreased in
Q30: If the labor force is 50 million
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents