Which of the Following Explains Why the Rate of Unemployment

question 41

Multiple Choice

Which of the following explains why the rate of unemployment continues to rise once a recession is over?

• A)Discouraged workers leave the labour force.
• B)Wages rise faster than productivity increases so firms are reluctant to hire workers.
• C)Firms are operating below capacity for some time after the recession is finished.
• D)The unemployment rate does not continue to rise after a recession is over.

---

Definitions:

Product Development Method

An approach or set of structured steps used to guide the development of a new product from concept to market launch.

Existing Customers

Individuals or entities that have previously purchased or currently use a company's products or services.

Growth Strategies

Plans implemented by organizations to increase their size, revenue, or market share through diversification, market penetration, product development, or market development.

Ansoff Matrix

A framework used to identify a company’s strategic options for growth by assessing products and markets.