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Sublight2097 Sublight2097
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Posts: 4132
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8 years ago
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.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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SydnieSydnie
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#1
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8 years ago
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Sublight2097 Author
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#2
8 years ago
I've noticed they use a lot of trickery with their questions. Thank you for your input.
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#3
8 years ago
I was confident with my answer, glad it was correct.

Oh, and thumbs-up are more than welcome Slight Smile
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