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Tidy Tidy
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8 years ago
For the recessions in the United States since the 1950s
A) cyclical unemployment has been non-existent.
B) unemployment rises on average by about 1.2 percentage points 12 months after a recession begins.
C) unemployment falls on average by 2 percentage points 12 months after a recession begins.
D) unemployment rises on average about 5 percentage points 12 months after a recession begins.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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SmooothSmoooth
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8 years ago
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8 years ago
My pleasure Happy Dummy
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