Multiple Choice
Which of the following statements is true of the unemployment rate in a country?
A) It normally increases during periods of economic expansion and decreases during periods of economic contraction.
B) It normally decreases during periods of economic expansion and increases during periods of economic contraction.
C) It normally decreases during periods of both economic expansion and contraction.
D) It is not correlated with the level of economic activity in a country.
Correct Answer:

Verified
Correct Answer:
Verified
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