By offering more generous unemployment insurance programs, European countries can expect
A) workers to gain new skills quickly in response to fluctuations in the labor market.
B) longer periods of unemployment for their workers.
C) to pay less in taxes than in the United States.
D) shorter periods of unemployment for their workers.
Question 2
During a(n) ________ many firms experience reduced profits, which reduces ________ and investment spending.
A) recession; government spending B) recession; cash flow
C) expansion; cash flow D) expansion; business confidence
European hare
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