单选题
During a recent in-house seminar at United Banks of Davos, Helmut Fahrstadt, the seminar leader, was discussing the business cycle and its phases. He made the following statement:
"During a recession one should expect an economy's real GDP to increase, its rate of inflation to increase, and its rate of employment to fall. "
Is the statement made by Fahrstadt correct as it pertains to real GDP, inflation and the rate of employment?
Real GDP Rate of Inflation Rate of Employment
①A. Correct Incorrect Incorrect
②B. Incorrect Correct Incorrect
③C. Incorrect Incorrect Correct
A. ①B. ②C. ③
【正确答案】
C
【答案解析】During a recession, real GDP is decreasing and the unemployment rate is increasing. In general, during this phase the rate of inflation is most likely decreasing.