A jobless recovery occurs when
A. only low-quality jobs are created in a recovery.
B. no jobs are created in an economy after a recession ends.
C. employment continues to fall at the beginning of a recovery.
D. most of the new jobs created in a recovery are overseas.
Answer: C
Economics
You might also like to view...
In Marx's ideal communist society, the state:
a. actively promotes income incentives. b. follows the doctrine of laissez faire. c. owns resources and conducts planning. d. does not exist.
Economics
The Iranian Revolution in 1979 led to another interruption of oil supplies to the United States. This caused the reoccurrence of
A. deflation. B. full employment. C. trade surpluses. D. stagflation.
Economics