During normal economic times,unemployment in Europe tends to be ________ than in the United States mainly because of ________.

Question

Quizplus · Accepted Answer

Europe typically has higher labor market regulations than the United States, which can lead to higher unemployment rates. Regulations such as minimum wage laws and worker protections can make it more difficult and expensive for firms to hire workers, leading to higher unemployment.

During Normal Economic Times,unemployment in Europe Tends to Be ________