When the economy slows down:
A. firms contract their operations.
B. demand for workers decreases.
C. GDP growth is slowing or negative.
D. All of these are true.
D. All of these are true.
Economics
You might also like to view...
A college student who is enrolled in school full-time and not seeking employment is considered: a. out of the labor force
b. unemployable, and not counted in official statistics. c. employed in leisure. d. underemployed.
Economics
A discouraged worker is someone who: a. has a job, but wants to get a different one
b. is unemployed and looking for work. c. quits a job and is unable to collect unemployment compensation. d. gives up looking for work, and is no longer counted as unemployed.
Economics