Question

What is considered a "good"

unemployment rate in the United
States as opposed to the 25%
during the Great Depression?
A. 3%
B. 10%
C. 15%
D. 20%

Answer 1

3% rate in the United States as opposed to the 25% during the Great Depression.

Answer: Option A

Step-by-step explanation:

The unemployment rate is the rate which measures the level of the unemployment that is prevailing in the economy at a particular period of time. In the United States of America, during the time of great depression, the rate of unemployment was very high and had touched around 25%.

But at an average, the rate of unemployment which is considered to be close to full capacity is around 3% or anything below 5% of the people in the economy.