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The unemployment rate is an important economic statistic that can tell us about the health of the economy. If the unemployment rate turns out to be high or higher than anticipated, we would expect

a. it is more likely that an incumbent president will be re-elected. Incorrect
b. that jobs are less difficult to find.
c. that stock prices are more likely to fall.
d. that investors will be more optimistic about the economy.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M941337

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