The difference in unemployment rates between Europe and the U.S. has been narrowing partly because
a. tax rates in European countries are generally lower.
b. economic conditions in Europe and the U.S have been converging.
c. European and American labor unions have been coordinating their activities.
d. of a change in labor market policies.
e. Europe has been making it easier for workers to gain unemployment benefits
D
You might also like to view...
Economists measure the output of an economy by
Fill in the blank(s) with the appropriate word(s).
One important reason why the United States government is not likely to go bankrupt even with a large public debt is that it has
A. the ability to decrease interest rates and increase investment spending. B. the capacity to pay off its outstanding debt with gold. C. a strong military to protect it from creditors. D. the power to print money to finance the debt.
Refer to Table 2-9. What is Thailand's opportunity cost of producing one wristwatch?
A) 0.05 pounds of rice B) 20 pounds of rice C) 25 pounds of rice D) 60 pounds of rice
Mention some areas where partnerships are common. Give reason for your answer