Multiple Choice
The experience of recessions in Australia has shown that the unemployment rate:
A) rises for about six months after the recession has finished.
B) rises for at least one year after the recession has finished.
C) falls within one year of a recession finishing.
D) falls within six months of a recession finishing.
Correct Answer:

Verified
Correct Answer:
Verified
Q8: If you spend more of your income
Q18: The 'rule of 70' states that it
Q19: Let Y = total income; C =
Q24: How is the 'inflation rate' defined?<br>A)As the
Q26: Public saving is equal to taxation receipts,
Q27: The beginning of an economic contraction coincides
Q36: During the expansion phase of the business
Q68: What is potential GDP?
Q180: Explain and show graphically how a decrease
Q219: The demand for loanable funds has a