1. During the contractionary phase of the business cycle,

Select one:

A. RGDP and unemployment increase.

B. RGDP and unemployment decrease.

C. RGDP increases and unemployment decreases.

D. RGDP decreases and unemployment increases.

E. inflation increases and unemployment decreases.

2.To be counted as unemployed, an individual

Select one:

A. cannot hold a paying job.

B. must have been fired from his job.

C. might be working part-time but looking for a full-time job.

D. is actively searching for a job while not working.

E. is unemployed and has become discouraged because there are no jobs available.

3.