Which of the following is true if cyclical unemployment is, Ask an Expert

Economics

Which of the following is true if cyclical unemployment is high?

A. Velocity is low.

B. Monetary policy has little effect on the price level.

C. The marginal propensity to consume will be particularly high.

D. The country ’s currency has a low value in foreign exchange markets.

E. The Fed could bring the economy back toward full employment by selling bonds on the open market.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91704775

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