According to published data pertaining to unemployment rates in selected European countries,the natural rate of unemployment
A)has been rising over the past three decades.
B)declined sharply over the last three decades.
C)has been lower than in the U.S.in the 1990s.
D)has not changed much over the past three decades.
E)Both a and c

Question

Quizplus · Accepted Answer

The natural rate of unemployment in many European countries has been observed to rise over the past three decades due to factors such as labor market rigidities and structural changes in the economy.

According to Published Data Pertaining to Unemployment Rates in Selected