How does the unemployment rate change in a recession and in an ...

[Zulu123]

How does the unemployment rate change in a recession and in an expansion?
 
  What will be an ideal response?

Question 2

A business cycle is the pattern of short-run upward and downward movements in production and jobs.
 
  Indicate whether the statement is true or false

[smrtceo]

Answer to Question 1

During a recession, the unemployment rate generally increases. During an expansion, the unemployment rate generally decreases.

Answer to Question 2

TRUE

[Zulu123]

Thanks for the timely response, appreciate it

[tranoy]

Great answer, keep it coming