"Depression Means Idleness

Multiple Choice

"Depression means idleness. And idleness means loss of skills, loss of self-respect, plummeting morale, family disintegration, and sociopolitical unrest." This quote describes some of the:

A) Consequences of the hyperinflation that accompanies a recession
B) Reasons for the natural rate of unemployment
C) Noneconomic costs of unemployment
D) Characteristics of structural unemployment