Which of the Following Statements Best Describes the "Jobless Recovery

question 259

Multiple Choice

Which of the following statements best describes the "jobless recovery" after the Great Recession?

• A)Output begins rising without reducing the unemployment rate.
• B)Output cannot begin rising due to the lack of available labor.
• C)New technology is replacing most of the jobs in the economy.
• D)During the recession the business began importing most of the products they sell.

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Definitions:

Par Value

The nominal or face value of a stock or bond as stated by the issuer, which may differ from its market value.

Retirement

The act of leaving one's job and ceasing to work, typically upon reaching a predetermined age.

Gain or Loss

A financial result that occurs when the selling price of an asset differs from its initial purchase cost.

Callable Bonds

Securities that the issuer has the option to repurchase before they reach their due date, for a predetermined amount.