Question

Europe’s relatively high unemployment rates can be attributed to: a. adverse shocks. b. inefficient labor market...

  1. Europe’s relatively high unemployment rates can be attributed to:

    a.

    adverse shocks.
    b.

    inefficient labor market institutions.
    c.

    strong labor unions.
    d.

    generous unemployment insurance.
    e.

    All of these answers are correct.
Business   Economics   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Until the 1960's the unemployment rate was normal in the Europe and it is started to increase, it has declined in the mid years but again has increased due to the cyclical movements in the economy. The very high unemployment is due to various reasons , first the unemployment insurance was more generous than America. So this has led to individuals to stop searching for jobs. The various shocks during the economy in the 1970's and 80's also contributed to the higher unemployment.

Ans: e). All of these answers are correct.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
One consequence of wage rigidity is: lower rates of unemployment less labor market volatility labor market...
One consequence of wage rigidity is: lower rates of unemployment less labor market volatility labor market stability a lower unemployment rate None of these answers are correct.
Stagflation can be defined as increasing rates of unemployment with no decrease in the inflation rate...
Stagflation can be defined as increasing rates of unemployment with no decrease in the inflation rate OR increasing rates of inflation with no decrease in unemployment rates. Stagflation therefore a.         suggests the Phillips’ Curve relationship is improving. b.         suggests that the misery index is relatively high. c.         suggests the misery index is relatively low. d.         says nothing about the misery index but tells us whether fiscal or monetary policy is more important
[16] The three major macroeconomic problems are: A) debt, deficits, and taxation. B) unemployment, inflation, and...
[16] The three major macroeconomic problems are: A) debt, deficits, and taxation. B) unemployment, inflation, and taxation. C) unemployment, falling production, and deficits. D) unemployment, falling production, and inflation. [17] The economic term for a resource that is available for production but is not being utilized is: A) idle. B) wasted. C) inefficient. D) unemployed. [18] Being unemployed can: A) cause a person to alter spending patterns and lifestyle. B) affect a person's self-esteem and relationships with others. C) cause...
33. Monthly labor market reports issued by the Bureau of Labor Statistics primarily are based upon:...
33. Monthly labor market reports issued by the Bureau of Labor Statistics primarily are based upon: (a) initial claims for unemployment insurance reported by the 50 states; (b) the National Income and Product Accounts; (c) an Establishment Survey and a Household Survey; (d) data collected by each of the 12 Federal Reserve Banks. 34. In recent years, the labor force participation rate in the United States is closest to: (a) 45%; (b) 65%; (c) 85%; (d) 90%. 35. The top...
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...
If the shares of a company are trading at a historically high price and the market...
If the shares of a company are trading at a historically high price and the market is weak-form efficient, then Group of answer choices A) Management should not try to time a stock issue or a repurchase based upon a historically high stock price. B) Management should take advantage by issuing more shares at this time. C) Management should take advantage by issuing more shares at this time. D) Management should take advantage by both issuing more shares at this...
The natural rate of unemployment is not a measure of the rate at which marginal returns...
The natural rate of unemployment is not a measure of the rate at which marginal returns to labor are diminishing according to the economy’s long run production function human capital long run equilibrium in the labor market the rate at which natural resources are extracted and depleted A multiple-choice question with several possible answers.(Required) Which of the following would give workers some degree of monopoly power? high rates of short term unemployment labor unions learning by doing highly specialized human...
1. A market economy: a. relies on the invisible hand to coordinate supply and demand. b....
1. A market economy: a. relies on the invisible hand to coordinate supply and demand. b. allocates according to need. c. requires government to set prices. d. distributes property rights. 2. A primary goal of the International Monetary Fund (IMF) is to: a. promote economic negotiations and cooperation among industrialized countries. b. work out repayment plans for developing countries with large international debts. c. negotiate trade agreements between nations. d. protect the interests of the United States abroad. 3. Some...
In Argentina: a. Pope Francis, the former Cardinal Bergoglio, has called for the end of governments...
In Argentina: a. Pope Francis, the former Cardinal Bergoglio, has called for the end of governments focused on market economics and a return to government ownership of the means of production. b. Juan Peron supported a strong central government, generous welfare benefits, and free trade. c. Eva Peron was a national symbol for the middle class of Argentina. d.   Argentines still have relatively high consumer prices as a result of government efforts to protect blue-collar manufacturing jobs from international competition....
1) In the U.S., high employment is defined as: A. An unemployment rate near zero to...
1) In the U.S., high employment is defined as: A. An unemployment rate near zero to be sure that we are producing and employing near our potential. B. An unemployment rate no lower than 4-5% of the labor force so as to prevent an outbreak of inflation. C. An unemployment rate between 2-3% of the labor force to make sure that we are providing jobs for all who wish to work. D. An unemployment rate of 4-5% to prevent the...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT