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Author Question: The unemployment rate does not tend to fall as soon as the economy pulls out of a recession. Which ... (Read 30 times)

DyllonKazuo

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on: Apr 19, 2019

The unemployment rate does not tend to fall as soon as the economy pulls out of a recession. Which of the following best explains this?


◦ Firms are holding excess labor, so as the economy pulls out of the recession, firms do not need to hire new workers immediately.
◦ Firms' optimism about the state of the economy increased prior to the economy pulling out of the recession, so firms increased their employment earlier.
◦ Firms are not able to find qualified workers to fill the job vacancies.
◦ During recessionary periods, firms switch to more capital-intensive production techniques, so they do not need to increase employment as the economy pulls out of the recession.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by DyllonKazuo on Apr 19, 2019

miss.ashley

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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DyllonKazuo

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Reply 2 on: Apr 19, 2019
Thanks for the timely response, appreciate it

skipfourms123

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Reply 3 on: Yesterday
Excellent

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