Author Question: During economic downswings (Read 31 times)

c0205847 · **on:** Apr 19, 2019

Question 1

During economic expansions

◦ employment rises by a higher percentage than output, and the ratio of output to workers falls.
◦ output rises by a larger percentage than employment, and the ratio of output to workers rises.
◦ employment rises by a larger percentage than output, and the ratio of output to workers rises.
◦ output rises by a larger percentage than employment, and the ratio of output to workers falls.

Question 2

During economic downswings

◦ output falls faster than employment, and the ratio of output to workers falls.
◦ employment falls faster than output, and the ratio of output to workers falls.
◦ employment falls faster than output, and the ratio of output to workers rises.
◦ output falls faster than employment, and the ratio of output to workers rises.

Anonymous · **Reply #1 on:** Apr 19, 2019

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