The share of long-term unemployment:
A. increases with the amount of labor market rigidity, which explains why the United States has more long-term unemployment than Europe.
B. decreases with the amount of labor market rigidity, which explains why Europe has more long-term unemployment than the United States.
C. increases with the amount of labor market rigidity, which explains why Europe has more long-term unemployment than the United States.
D. decreases with the amount of labor market rigidity, which explains why the United States has more long-term unemployment than Europe
Ans: C. increases with the amount of labor market rigidity, which explains why Europe has more long-term unemployment than the United States.
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a. demand curve shifts to the right. b. supply curve shifts to the right. c. price will rise. d. quantity sold will fall.
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A. 0 B. 1 C. 50 D. 100
Refer to Figure 8A.2. If the economy were saving at the rate s1
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