Question

1 . Unemployment rates have been higher in many European countries in recent decades than in...

1 . Unemployment rates have been higher in many European countries in recent decades than in the United States. Is the main reason for this long-term difference in unemployment rates more likely to be cyclical unemployment or the natural rate of unemployment? Explain briefly.

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Unemployment rates have been higher in many European countries in recent decades than in the United...
Unemployment rates have been higher in many European countries in recent decades than in the United States. Is the main reason for this long-term difference in unemployment rates more likely to be cyclical unemployment or the natural rate of unemployment? Explain briefly.
Topic: Why is unemployment so high in Europe? Briefly discuss. Optional reading: You can use any...
Topic: Why is unemployment so high in Europe? Briefly discuss. Optional reading: You can use any Web browser to search for the words “European unemployment.” Just by scanning the headlines, see how many possible explanations you can list. Why Is Unemployment So High in Europe? Between World War II and the mid-1970s, unemployment in Western Europe was low. From 1960 to 1974, for example, the unemployment rate in France never got as high as 4 percent. The worldwide recession of...
The table below presents labor market data for three countries. All population values are in millions....
The table below presents labor market data for three countries. All population values are in millions. Country Working-age population Labor force Employed Unemployed Unemployment rate (%) Labor-force participation rate (%) Japan 106 61 5 France 31 7 51.67 Germany 77 48 12.5 Instructions: For the last two columns, enter your responses as percentages rounded to one decimal place. Instructions: Round your answers for the working-age population, labor force, employed, and unemployed to the nearest whole number. a. Fill in the...
The most obese countries in the world have obesity rates that range from 11.4% to 74.6%....
The most obese countries in the world have obesity rates that range from 11.4% to 74.6%. This data is summarized in the following table. Percent of Population Obese Number of Countries 11.4–20.45 29 20.45–29.45 14 29.45–38.45 4 38.45–47.45 1 47.45–56.45 2 56.45–65.45 2 65.45–74.45 0 74.45–83.45 1 (a) What is the best estimate of the average obesity percentage for these countries? (Round your answer to two decimal places.) (b) The United States has an average obesity rate of 33.9%. Is...
Find the most recent Unemployment Report. Write a description of the findings, and an explanation on...
Find the most recent Unemployment Report. Write a description of the findings, and an explanation on how the Unemployment Rate calculation is changing as a result. Make sure to provide detail on the types of jobs being created, and how you anticipate that these jobs will have implications in the short term and long term economy. Provide the full citations for each article used to answer this question. ** Note: You will likely to need to find and reference more...
Please answer all questions as soon as possible. Thank you 2-In recent decades there have been...
Please answer all questions as soon as possible. Thank you 2-In recent decades there have been fewer trade blocs established to promote regional economic integration. True False 7-The free trade pact known as Mercosur has been successful at creating a full customs union between Brazil and Argentina. True False 8- Since its establishment on January 1, 1999, the euro has more than tripled in appreciation against the U.S. dollar, reaffirming the ability of the European Central Bank to manage monetary...
A well-known European stereo system manufacturer, EuroFi, sells many stereo systems in European countries. Its products...
A well-known European stereo system manufacturer, EuroFi, sells many stereo systems in European countries. Its products are floundering in the United States, however, because its designs stress cool style rather than powerful functionality and innovative features. Conversely, Asian competitors meanwhile stress function and innovation over style and design; their sales have been consistently grown over the past several quarters. At this point, after a weekend retreat assessing their situation, EuroFi’s senior executive company realization, tough as it is to admit...
According to classical macroeconomic theory, changes in the money supply affect nominal variables and real variables....
According to classical macroeconomic theory, changes in the money supply affect nominal variables and real variables. nominal variables, but not real variables. real variables, but not nominal variables. neither nominal nor real variables. The sticky-wage theory of the short-run aggregate supply curve says that when the price level rises more than expected, production is more profitable and employment rises. production is more profitable and employment falls. production is less profitable and employment rises. production is less profitable and employment falls....
After a long slow recover, Oregon's unemployment rate is low and a recent Bloomberg (2016) study...
After a long slow recover, Oregon's unemployment rate is low and a recent Bloomberg (2016) study named Oregon's economy the healthiest in the nation. After reading over the various subsets tracked by the Bureau of Labor Statistics (discouraged workers, marginally attached workers, underemployment), discuss who has benefited in Oregon's economy, and who might be left out of the recovery as Oregon has attempted to transition its economy from one based on natural resources to one based on a mix of...
Could you answer to me these 4 questions (below)? For years, it has been cheaper to...
Could you answer to me these 4 questions (below)? For years, it has been cheaper to manufacture many products overseas (China and other countries) than in the United States. Labor is still less expensive overseas than in the United States, but the cost difference has been decreasing. General Electric (GE) has brought back its refrigerator production to the United States from overseas and has announced plans to produce a new top load washer in the United States as well. ln...