During periods of recession unemployment:
A. rates are the same for all groups of the working population.
B. is less common.
C. is uncorrelated to periods of recession.
D. is more common.
Answer: D
Economics
You might also like to view...
Refer to Table 23-4. Given the consumption schedule in the table above, the marginal propensity to consume is
A) 0.5. B) 0.6. C) 0.75. D) 0.8.
Economics
When comparing market and public sector decision making, which statement is NOT true?
A) Self-interest is the motivating force in each decision making arena. B) In both decision making sectors, majority rule is how things are done. C) In both decision making sectors, there are scarcity constraints. D) Collective (political) outcomes and economic outcomes may differ.
Economics