Which of the following explains why Canada tends to have unemployment rates that are higher than the United States?
A) Technological change occurs at a faster rate in Canada, so structural unemployment is higher in Canada.
B) Canada offers more generous unemployment benefits than the United States.
C) Firms in Canada offer employees higher wages and higher benefits than do firms in the United States.
D) The minimum wage in Canada is lower than it is in the United States.
E) Seasons play a bigger role in the Canadian economy than in the American economy.
Correct Answer:
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