Author Question: What is the historical relationship in the United States between the unemployment rate and ... (Read 59 times)

humphriesbr@me.com

  • Hero Member
  • *****
  • Posts: 550
What is the historical relationship in the United States between the unemployment rate and recessions?
 
  A) The relationship depends on whether or not the price level is also changing.
  B) The unemployment rate rises during a recession and turns negative during the subsequent recovery.
  C) The unemployment rate rises shortly before a recession begins and declines shortly before it ends.
  D) The unemployment rate rises soon after a recession has begun and starts to decline sometime after the recovery has started.
  E) There is no regular or systematic link that can be discerned from the data.

Question 2

The costs of a recession are largely
 
  A) losses to some people but gains to others.
  B) made up in the subsequent recovery.
  C) the consequences of falling prices.
  D) the costs of disappointed expectations.
  E) welcomed by advocates of zero economic growth.



paavo

  • Sr. Member
  • ****
  • Posts: 301
Answer to Question 1

D

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

For a complete list of videos, visit our video library