Author Question: What is the historical relationship in the United States between the unemployment rate and ... (Read 48 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?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

For a complete list of videos, visit our video library