Multiple Choice
Possible reasons why the level of employment remained lower than before the Great Recession began, even three years after the recession ended, includes the following, except:
A) There was an extension of the period of eligibility for unemployment benefits
B) Structural adjustments that were needed were happening very slowly, if at all
C) Worries about rising labor costs were dampening the willingness of firms to increase hiring
D) The production of output continued to decline, so that firms had no real need to increase hiring
Correct Answer:

Verified
Correct Answer:
Verified
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