Wednesday 6 June 2012

Which of the following best explains why unemployment rates are

Which of the following best explains why unemployment rates are higher in the European economies than in the United States?
A. Workers in Europe are less productive than workers in the United States.
B. European industries pay a lower wage rate than industries in the United States.
C. Unemployment benefits are more generous in Europe than in the United States.
D. More Europeans go to school fulltime and are therefore not able to participate in the labor market.
 

No comments:

Post a Comment

Note: only a member of this blog may post a comment.