Economics · Oct / Nov 2018 · Paper 12 · Question 22
2281Employment and unemployment
The diagram shows the rate of unemployment and the periods of recession in a country between 1978 and 2012. What can be concluded from the diagram?
- AEach recession lasted for more than two years.
- BRecessions occurred at regular intervals.
- CThe unemployment rate peaked in a recession period.
- DThe unemployment rate rose during recession periods.
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Correct answer: D. The unemployment rate rose during recession periods.
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