In the U.S., when the unemployment rate is around 9%, this indicates a) None of the choices are correct b) the U.S. economy is in a major recession c) that we have higher unemployment than in the Great Depression of the 1930s. d) the U.S. economy is booming and everyone who wants a job can easily find one. e) the U.S. economy is at full employment
In the U.S., when the unemployment rate is around 9%, this indicates a) None of the choices are correct b) the U.S. economy is in a major recession c) that we have higher unemployment than in the Great Depression of the 1930s. d) the U.S. economy is booming and everyone who wants a job can easily find one. e) the U.S. economy is at full employment
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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In the U.S., when the
a) None of the choices are correct
b) the U.S. economy is in a major recession
c) that we have higher unemployment than in the Great Depression of the 1930s.
d) the U.S. economy is booming and everyone who wants a job can easily find one.
e) the U.S. economy is at full employment
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