Author Question: What is the historical relationship in the United States between the unemployment rate and ... (Read 82 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?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

For a complete list of videos, visit our video library