During a recession the unemployment rate generally and during an expansion the unemployment rate generally O A. falls; rises B. does not change; falls O C. rises; falls O D. rises; does not change O E. rises; rises

Principles of Economics, 7th Edition (MindTap Course List)
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ISBN:9781285165875
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter33: Aggregate Demand And Aggregate Supply
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During a recession the unemployment rate generally
and during an expansion the unemployment rate generally
O A. falls; rises
O B. does not change; falls
O C. rises; falls
O D. rises; does not change
E. rises; rises
Click to select your answer.
Transcribed Image Text:During a recession the unemployment rate generally and during an expansion the unemployment rate generally O A. falls; rises O B. does not change; falls O C. rises; falls O D. rises; does not change E. rises; rises Click to select your answer.
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