A Characteristic of the Unemployment Rate Is That ________

question 72

Multiple Choice

A characteristic of the unemployment rate is that ________.

• A)it typically goes up in a recession
• B)it typically goes down in a boom
• C)it is not clear whether it is a leading or a lagging indicator
• D)all of the above
• E)none of the above

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Definitions:

Par Value

The face value of a bond or the stock value stated in the corporate charter, often used in bond trading.

Low Interest Rates

A monetary policy situation where central banks set the base level of interest rates at a low level, typically to stimulate economic growth.

Callable

A financial term referring to a security that can be redeemed or "called" by the issuer before its maturity date.

Serial Bonds

Bonds issued under a single series where each bond matures at a different date, allowing the issuer to spread out repayment over time.