Which Statement About Unemployment Is FALSE

Which statement about unemployment is FALSE?

A) Unemployment always falls during recessions.
B) Unemployment always falls during expansions.
C) There is a strong negative relation between growth in real GDP and changes in unemployment.
D) In general, there is a trade-off between inflation and unemployment in the short run.

Correct Answer:

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Access For Free