During a Recession,output Declines Result in

question 39

Multiple Choice

During a recession,output declines result in

• A)lower unemployment in the economy.
• B)higher unemployment in the economy.
• C)no impact on the unemployment in the economy.
• D)higher wages for the workers.

---

Definitions:

Policymaking Decisions

The process of creating laws, regulations, or guidelines by which a government or organization operates.

Corporate Officers

Individuals appointed to manage the day-to-day operations and make major corporate decisions in a company.

Federal Law

Federal Law consists of statutes and regulations that have been enacted by the national government of a country, governing subjects that fall under its authority.

Convicted

Found guilty of a crime in a court of law after a trial or through a guilty plea.