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  3. Macroeconomics Study Set 48
  4. Quiz 6: Macroeconomics: the Big Picture

A Recession Does Not Lead To

Question 73
Multiple Choice

A recession does NOT lead to: A) higher unemployment. B) reduced output. C) reduced income and living standards. D) higher employment.

Related questions
Q 74
In the United States, recessions are typically associated with a(n): A) falling unemployment rate. B) decrease in the number of people living in poverty. C) decrease in the percentage of Americans with health insurance. D) increase in corporate profits.
Q 75
The most painful effect of a recession is: A) inflation. B) unemployment. C) money neutrality. D) liquidity trap.
Q 76
The most painful consequence of a recession is: A) rising unemployment. B) increasing inflation. C) increasing aggregate output. D) higher interest rates.
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