The U.S. economy is starting to find its way through the economic turmoil caused by the pandemic. Government policy was very active with both monetary policy and fiscal policy attempting to keep the economy moving during the pandemic. We are starting to see some of the effects of those policies.

The question:

* An explanation of why the unemployment rate dropped rapidly in the United States despite low rates of increases in GDP *

Answer rating: 100% (QA)

The rapid drop in the unemployment rate alongside a slow rise in GDP is an interesting phenomenon in the US economic recoveryHere are some possible ex... View the full answer