Question

When compared to the great​ depression, the typical length of unemployment in the modern​ (post-great depression-era) u.s. economy is

a. slightly longer.
b. approximately the same.
c. relatively brief.
d. significantly longer?

Answer 1

The correct answer is C.

During the Great Depression that started with the market crash on 1929, 45.1 percent of the people were without a job for more than six months. Now the unemployment length is relatively brief and most people find a new job in less than six months on average.