If the Unemployment Rate Increases from 4% to 10%,then the Economy

question 100

Multiple Choice

If the unemployment rate increases from 4% to 10%,then the economy is most likely in a(n)

• A) expansion.
• B) boom.
• C) recession.
• D) depression.
• E) aggregation.

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Definitions:

Beliefs

Convictions or acceptance that certain things are true or real, often without empirical evidence.

Attitudes

Mental and emotional entities that predispose an individual to respond to other people, objects, or institutions in a positive or negative way.

Dislikes

Feelings of aversion or distaste towards certain objects, individuals, or situations.

Personality

A set of enduring behavioral characteristics and internal predispositions for reacting to your environment.