Which type of unemployment increases during a recession?

The power of the contract and the ability to enforce contracts in the U.S. are, in part, responsible for the overall success of the U.S. economy

Indicate whether the statement is true or false

During a recession, profit-oriented banks would be prone to reduce the money supply by increasing their excess reserves and declining to lend to less creditworthy applicants.

Answer the following statement true (T) or false (F)