Multiple Choice
Compared to the severe recession of 1981-1982, the growth of real GDP during the first two years of recovery from the 2008-2009 recession was
A) much more rapid and the unemployment rate fell by a smaller amount after the more recent recession.
B) slower and the unemployment rate fell by a smaller amount after the more recent recession.
C) more rapid but the unemployment rate fell by a smaller amount after the more recent recession.
D) similar and the decline in the rate of unemployment was almost identical during the recovery from each of these recessions.
Correct Answer:

Verified
Correct Answer:
Verified
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