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8 July, 18:14

What is considered a "good"

unemployment rate in the United

States as opposed to the 25%

during the Great Depression?

A. 3%

B. 10%

C. 15%

D. 20%

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Answers (1)
  1. 8 July, 18:27
    0
    3% rate in the United States as opposed to the 25% during the Great Depression.

    Answer: Option A

    Explanation:

    The unemployment rate is the rate which measures the level of the unemployment that is prevailing in the economy at a particular period of time. In the United States of America, during the time of great depression, the rate of unemployment was very high and had touched around 25%.

    But at an average, the rate of unemployment which is considered to be close to full capacity is around 3% or anything below 5% of the people in the economy.
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