When the total value of products and services produced goes up, unemployment increases.
Correct Answer:
Verified
Q157: When unemployment is low,
A) jobs are hard
Q158: A macroeconomic choice for businesses is whether
Q159: Higher GDP per person allows higher living
Q160: Higher GDP per person usually means
A) higher
Q161: When unemployment is high, workers have an
Q163: When GDP goes up, unemployment goes up.
Q164: If your income rises faster than the
Q165: Unemployment tends to be positively related to
Q166: Thinking like a macroeconomist means focusing on
Q167: If your income rises faster than the
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