For the recessions in the United States since the 1950s A) ...

[ss2343]

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

[abctaiwan]

Answer to Question 1

C

Answer to Question 2

B

[ss2343]

Wow, this really help

[aliotak]

Thanks for the timely response, appreciate it