During a Recession the Unemployment Rate Generally ________ and During

question 139

Multiple Choice

During a recession the unemployment rate generally ________ and during an expansion the unemployment rate generally ________.

• A)rises;falls
• B)rises;rises
• C)falls;rises
• D)rises;does not change
• E)does not change;falls

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Definitions:

Automobile Safety

Automobile Safety involves the design, equipment, and regulations that aim to minimize the occurrence and consequences of traffic accidents.

Additional Cost

Expenses that are not initially planned for but arise during the production or execution of a project, also known as incidental or unforeseen costs.

Economic Efficiency

A state in which resources are allocated in a way that maximizes the total benefits received by all individuals in an economy.

Benefits

Advantages or payments made to individuals or employees, which can include health insurance, retirement plans, and other perks beyond basic salaries.