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Long-Term Unemployment Rates Are Higher in Most Western European Countries

Question 32

Multiple Choice

Long-term unemployment rates are higher in most Western European countries than in the United States because


A) unemployment rates are calculated differently in Western Europe.
B) nonmarket forces keep wages in Western Europe above the equilibrium level.
C) technological change has accelerated more quickly in Western Europe.
D) most Western European governments hire workers to perform jobs that are not in demand.

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