Compared to the severe recession of 1981-1982, the growth of real GDP during the first two years of recovery from the 2008-2009 recession was
A)much more rapid and the unemployment rate fell by a smaller amount after the more recent recession.
B)slower and the unemployment rate fell by a smaller amount after the more recent recession.
C)more rapid but the unemployment rate fell by a smaller amount after the more recent recession.
D)similar and the decline in the rate of unemployment was almost identical during the recovery from each of these recessions.

Question

Quizplus · Accepted Answer

The growth of real GDP during the first two years of recovery from the 2008-2009 recession was slower compared to the recovery from the 1981-1982 recession, and the unemployment rate fell by a smaller amount after the more recent recession.

Compared to the Severe Recession of 1981-1982, the Growth of Real