What is the historical relationship in the United States between the unemployment rate and recessions?
A) The relationship depends on whether or not the price level is also changing.
B) The unemployment rate rises during a recession and turns negative during the subsequent recovery.
C) The unemployment rate rises shortly before a recession begins and declines shortly before it ends.
D) The unemployment rate rises soon after a recession has begun and starts to decline sometime after the recovery has started.
E) There is no regular or systematic link that can be discerned from the data.
D
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Use the figure below to answer the following question.What area represents consumer surplus after the government imposes the excise tax on the market?
A. square $13ac$9 B. triangle $21a$13 C. triangle abc D. triangle $1c$9
Most cases of corporate bankruptcy are part of the Chapter ________ variety.
A. 13 B. 15 C. 7 D. 11