3
QuizMultiple Choice
The Business Cycle
Question 3 of 10 • EAP-Economics and Personal Finance B
The graphs show the US unemployment rate and the price of whole milk between 2006 and 2012.
Answer
T
There is no link between prices and unemployment.R
Rising unemployment rates drive prices higher.F
Falling prices drive unemployment rates lower.A
As unemployment rates rise, average prices fall.