During normal economic times,unemployment in France and Germany tends to be ____________ than in the United States mainly because of ____________.

Question

Quizplus · Accepted Answer

France and Germany have more rigid labor market regulations in place, such as high minimum wages, strong worker protections, and restrictive firing policies. These regulations can make it more difficult for employers to hire new workers and can lead to higher levels of structural unemployment. In the United States, labor market regulations are generally more flexible, allowing for easier hiring and firing, which can lead to lower unemployment rates overall.

During Normal Economic Times,unemployment in France and Germany Tends to Be