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As the economy falls from a peak into a valley in the business cycle, cyclical unemployment should increase, and real gdp should decline. a.true b.false

As the economy falls from a peak into a valley in the business cycle, cyclical unemployment should increase, and real gdp should decline. a.true b.false
asked 147k views
2 votes
As the economy falls from a peak into a valley in the business cycle, cyclical unemployment should increase, and real gdp should decline.

a.true
b.false

asked
User TWright
by
7.6k points

1 Answer

3 votes
true, bad economy means an increase in cyclical unemployment
answered
User Paul Holden
by
7.8k points
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