Unemployment rates in the United States during the past 60 years
A) have remained between 4 and 6 percent.
B) have risen and fallen in a range between approximately 10 and 25 percent.
C) have risen and fallen in a range between approximately 4 and 10 percent.
D) have fallen steadily from approximately 10 percent 40 years ago to near 2 percent today.
E) have risen steadily and today are near all-time highs.
C
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CETA's heavy emphasis on public sector employment was regarded as a success
Indicate whether the statement is true or false
Which of the following can reduce the level of economic growth?
A. Crowding out. B. Technological improvements. C. Higher ratios of capital to labor. D. Crowding in.
Stickiness of wages:
A. is unrelated to stickiness of prices. B. lessens the stickiness of prices. C. reinforces stickiness of prices. D. may or may not reinforce stickiness of prices.
Since 1970, the highest unemployment rate in the U.S was associated with the recession of
A. 1974-1975. B. 1980-1982. C. 1990-1991. D. 2008-2009.