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In a jobless recovery: Multiple Choice there is a lag between GDP growth and a fall in the unemployment rate. no new jobs are created
In a "jobless recovery": Multiple Choice there is a lag between GDP growth and a fall in the unemployment rate. no new jobs are created during a recession or in the early stages of recovery. firms do not hire new workers until they are certain that the economy has recovered from the recession. unemployment must fall back to its natural rate before real GDP can rise. the unemployment rate always peaks before real GDP starts to rise
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