Multiple Choice
Which of the following statements is true concerning unemployment among young people in the United States, France, and Spain?
A) Spain has the highest level of unemployment of these three countries and the smallest percentage of young people living with their parents.
B) The United States has the highest level of unemployment of these three countries and the highest percentage of young people living with their parents.
C) The United States has the highest level of unemployment of these three countries and the smallest percentage of young people living with their parents.
D) Spain has the lowest level of unemployment of these three countries and the smallest percentage of young people living with their parents.
E) The United States has the lowest level of unemployment of these three countries and the smallest percentage of young people living with their parents.
Correct Answer:

Verified
Correct Answer:
Verified
Q7: According to the labor supply curve, as
Q8: Lowering the minimum wage will reduce unemployment
Q9: Why is there very little change in
Q10: If the working-age population is 100 million,
Q11: To be counted as unemployed a person
Q13: According to the job-rationing explanation of unemployment,<br>A)there
Q14: A lower real wage gives firms an
Q15: If more jobs are created than destroyed
Q16: If both hours worked per employee and
Q17: If more jobs are destroyed than created,