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Author Question: How does the unemployment rate change in a recession and in an expansion? What will be an ideal ... (Read 123 times)

Zulu123

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on: Jun 29, 2018
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


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smrtceo

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Reply #1 on: Jun 29, 2018
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

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

amit

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Reply 3 on: Yesterday
Wow, this really help

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