Refer to the information for this hypothetical economy provided in Table 5.2 below to answer the questions that follow.
Table 5.2
2014 2015 2016

-Refer to Table 5.2. We would expect the period from after the fourth quarter of 2014 until before the third quarter of 2015 to be categorized as a period of
A) low inflation.
B) low unemployment.
C) low production.
D) high unemployment.

Question

Refer to the information for this hypothetical economy provided in Table 5.2 below to answer the questions that follow.
Table 5.2
2014 2015 2016
 
-Refer to Table 5.2. We would expect the period from after the fourth quarter of 2014 until before the third quarter of 2015 to be categorized as a period of
A) low inflation. 
B) low unemployment. 
C) low production. 
D) high unemployment.

Quizplus · Accepted Answer

The period mentioned is likely characterized by low unemployment, as economic conditions during this time were generally improving, leading to better job market conditions.

Refer to the Information for This Hypothetical Economy Provided in Table