European policies which make it difficult to dismiss workers and reduce wage flexibility have probably
A) increased the rate of job creation.
B) decreased the unemployment rate.
C) decreased the rate of long-term unemployment.
D) increased the costs of doing business.

Question

Quizplus · Accepted Answer

European policies that limit the ability to dismiss workers and reduce wage flexibility have made it more expensive for firms to do business, thus increasing their costs. This has likely had a negative impact on job creation and the unemployment rate.

European Policies Which Make It Difficult to Dismiss Workers and Reduce