Multiple Choice
Which of the following statements is correct?
A) Unemployment is more a more severe problem in the United States than in most European countries.
B) Most economists think that expansionary fiscal policies would not be very effective in dealing with unemployment in most European countries.
C) Unemployment problems in most European countries tend to be problems with short-term unemployment.
D) Labor unions in the United Stated have been more effective in gaining wage increases for their members than have labor unions in most European countries.
Correct Answer:

Verified
Correct Answer:
Verified
Q68: Use the following diagram to answer the
Q69: Which of the following best describes frictional
Q70: Jack is an assembly line worker at
Q71: "Increases in aggregate demand will always result
Q72: Evaluate the following statement. "Expansionary fiscal and
Q74: During a downturn in the business cycle,
Q75: "Reducing cyclical unemployment is possible, but only
Q76: As a result of unemployment, Michelle becomes
Q77: The economy may continue to experience cyclical
Q78: Suppose GDP is currently at the full