The Highest and Most Prolonged Period of Unemployment in the United

question 17

Multiple Choice

The highest and most prolonged period of unemployment in the United States over the last 125 years occurred during

• A)World War II.
• B)the 1890s Depression.
• C)the 1990-1991 recession.
• D)the Great Depression of the 1930s.

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Definitions:

Increase

A situation where there is a growth or rise in figures, amounts, or indicators in an economic context.

Demand Curve

A graphical representation that shows the relationship between the price of a good and the quantity demanded by consumers.

Demand

The quantity of a good or service that consumers are willing and able to purchase at various prices during a given period.

Decrease

A reduction in size, quantity, or degree of something.