Economists have suggested that the relatively higher unemployment in Europe has been caused by which of the following?

Question

Quizplus · Accepted Answer

All of the above factors have been cited by economists as potential contributors to the relatively higher unemployment in Europe. High unemployment benefits can create a disincentive for workers to actively seek employment, while worker protections can make it difficult and expensive for firms to hire and fire employees. Inadequate macroeconomic policies can lead to economic stagnation and layoffs, while increased labor costs can make it harder for firms to compete and maintain their workforce.

Economists Have Suggested That the Relatively Higher Unemployment in Europe