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Author Question: For the recessions in the United States since the 1950s A) unemployment rises on average about 5 ... (Read 147 times)

ss2343

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on: Jun 29, 2018
For the recessions in the United States since the 1950s
 
  A) unemployment rises on average about 5 percentage points during the 12 months after a recession begins.
  B) unemployment falls on average by 2 percentage points during the 12 months after a recession begins.
  C) unemployment rises on average by about 1.2 percentage points during the 12 months after a recession begins.
  D) cyclical unemployment has been non-existent.

Question 2

Refer to Table 19-29. Based on the table above, what is national income for this economy?
 
  A) 4,700 billion B) 4,000 billion C) 3,150 billion D) 2,450 billion


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abctaiwan

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


ss2343

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

kswal303

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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