Typically, as an economy begins to emerge from a recessionary phase of the business cycle

A) unemployment falls immediately.
B) unemployment continues to rise.
C) inflation begins to fall.
D) investment begins to fall.

Answer: B

Economics

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Refer to the above figure. Which diagram shows the effect on the market of Corn Flakes when the demand for Corn Flakes has increased?

A) graph C B) graph D C) neither graph D) both graphs

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If the official unemployment rate increases in March from its February level because of sluggish sales in the auto industry, we can conclude that ____ unemployment is responsible for the increase

a. seasonal b. cyclical c. structural d. frictional e. any one of the causes of

Economics