Which of the Following Statements Is True of the Unemployment

Multiple Choice

Which of the following statements is true of the unemployment rate in an economy?

A) During periods of expansion, the unemployment rate in an economy increases.
B) During periods of contraction, the unemployment rate in an economy decreases.
C) The unemployment rate in most of the developed nations of the world is 0 percent.
D) The rate of unemployment is positive in any well-functioning economy.