Multiple Choice
Which of the following statements about historical unemployment rate is true?
A) Since 1960 the average unemployment rate in the United States has been about 2%.
B) Since 1960 the average unemployment rate in the United States has been about 10%.
C) Since 1960 the average unemployment rate in the United States has been about 6%.
D) The unemployment rate in the United States has never fallen below 6%.
E) The unemployment rate in the United States is always above 5%.
Correct Answer:
Verified
Correct Answer:
Verified
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