According to the Bureau of Labor Statistics, unemployment in the United States rose steadily from a low of 4.4% in March 2007 to a peak of 10 2% in October 2009. Which statement best supports this information? O A. The data put monetary policy pressure on central banks to raise their interest rates. ов. The trend indicated that the country was experiencing a period of economic recession. ос. The change signified an economy with rising income levels for the middle class. O D. The statistics include those who stopped actively seeking work or settled for part-time jobs.

According to the Bureau of Labor Statistics, unemployment in the United States rose steadily from a low of 4.4% in March 2007 to a peak of 10 2% in October 2009. Which statement best supports this information? O A. The data put monetary policy pressure on central banks to raise their interest rates. ов. The trend indicated that the country was experiencing a period of economic recession. ос. The change signified an economy with rising income levels for the middle class. O D. The statistics include those who stopped actively seeking work or settled for part-time jobs.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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