This topic contains a solution. Click here to go to the answer

Author Question: How does the unemployment rate change in a recession and in an expansion? What will be an ideal ... (Read 69 times)

Zulu123

  • Hero Member
  • *****
  • Posts: 525
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



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

smrtceo

  • Sr. Member
  • ****
  • Posts: 344
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

  • Member
  • Posts: 525
Reply 2 on: Jun 29, 2018
Excellent


mjenn52

  • Member
  • Posts: 351
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

For a complete list of videos, visit our video library