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One Explanation for the Persistently High Unemployment Rates in Europe

Question 161

Multiple Choice

One explanation for the persistently high unemployment rates in Europe during the 1990s is


A) hysteria over downsizing
B) the persistently high price levels there
C) legislation that makes it difficult to lay off workers in Europe
D) a continuing recession that lasted most of the decade
E) that the natural rate of unemployment is too low in Europe

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