Question: In class, we compared the 2 0 1 9 U . S . unemployment rate to the 2 0 2 0 U . S .

In class, we compared the 2019 U.S. unemployment rate to the 2020 U.S. unemployment rate. We saw that it jumped from 3.7% to 8% in this one year period. Based on our discussion in class, what did we attribute this increase to?
A.
Higher levels of economic growth combined with lower levels of inflation.
B.
A rebound in economic activity from 2019 to 2020 along with a drop in stagflation.
C.
COVID.
D.
The fact that employers lowered wages.

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