For most of 2009 the U.S.was in a very severe recession,with an unemployment rate approximately _____ percent while the capacity utilization rate was below ______ percent.
A)5;85
B)9;70
C)2;90
D)0;100

Question

Quizplus · Accepted Answer

During the recession of 2009, the unemployment rate was around 9% and the capacity utilization rate was below 70%. This was a result of the global financial crisis that hit the US economy hard. Option A is incorrect because an unemployment rate of 5% would be considered close to full employment, which was not the case in 2009. Option C is incorrect because an unemployment rate of 2% is nearly impossible to achieve, even during periods of strong economic growth. Option D is incorrect because a capacity utilization rate of 100% is rare, even in booming economies.

For Most of 2009 the U