Author Question: Economists have suggested that the relatively higher unemployment in Europe has been caused by which ... (Read 93 times)

tiara099 · **on:** Jun 30, 2018

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

A) relatively high unemployment benefits
B) relatively high level of worker protection
C) inadequate macroeconomic policies
D) increased labor costs
E) all of the above

Question 2

Inflation represents

A) an increase in output.
B) an increase in the aggregate price level.
C) an increase in the unemployment rate.
D) a recession.