"Depression Means Idleness

Multiple Choice

"Depression means idleness.And idleness means loss of skills, loss of self-respect, plummeting morale, family disintegration, and sociopolitical unrest." This quote describes some of the

A) consequences of the hyperinflation that accompanies a recession.
B) reasons for the natural rate of unemployment.
C) noneconomic costs of unemployment.
D) characteristics of structural unemployment.