Differences in unemployment rates among young adults in the United States, France, and Spain will likely persist because
A) the differences in unemployment rates in these countries are caused by cyclical factors.
B) there is no valid economic explanation for why these differences in unemployment rates persist.
C) the unemployment rate among young adults is not an important macroeconomic problem.
D) policies to alleviate this problem involve substantial costs to workers, the firms that hire them, and the politicians who would propose these policies.
E) high unemployment rates among young adults is socially desirable.
Correct Answer:
Verified
Q194: Which of the following supports the contention
Q195: Which of the following statements is true?
A)Tax
Q196: Minimum-wage laws are the only valid explanation
Q197: Countries with a higher percentage of young
Q198: Which of the following statements is true?
A)To
Q200: The unemployment rate for young adults is
Q201: The following table shows the demand and
Q202: Suppose that, in an attempt to reduce
Q203: Name three policies a government could adopt
Q204: Various projections have been made about the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents