Multiple Choice
Which of the following best explains why unemployment rates are higher in the European economies than in the United States?
A) More Europeans go to school full time and are therefore not able to participate in the labor market.
B) Unemployment benefits are more generous in Europe than in the United States.
C) Workers in Europe are less productive than workers in the United States.
D) European industries pay a lower wage rate than industries in the United States.
Correct Answer:

Verified
Correct Answer:
Verified
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