In the early 1990s, European unemployment rose largely because of ...

[rosent76]

In the early 1990s, European unemployment rose largely because of
 
  A) reductions in stock prices.
  B) undervalued currencies.
  C) overvalued currencies.
  D) high inflation.
  E) none of the above

Question 2

Is it possible for a country to experience a permanent increase in output per worker over time? If so, how can this occur?
 
  What will be an ideal response?

[atrochim]

Answer to Question 1

A

Answer to Question 2

Yes, it is possible for sustained growth to occur. For sustained growth to occur, technological progress must occur. Changes in the saving rate will not cause sustained changes in growth rates.

[rosent76]

Thank you

[atrochim]

No problemo