Which of the following statements is true regarding Unemployment? Group of answer choices Unemployment is generally higher in the United State that in most European nations. The Federal Reserve's goal is 100 percent employment in the US economy. Frictional unemployment is a bad situation as it restricts the labor market from functioning smoothly. Structural unemployment is a bad thing as worker jobs skills do not math worker job requirements.
Which of the following statements is true regarding Unemployment? Group of answer choices Unemployment is generally higher in the United State that in most European nations. The Federal Reserve's goal is 100 percent employment in the US economy. Frictional unemployment is a bad situation as it restricts the labor market from functioning smoothly. Structural unemployment is a bad thing as worker jobs skills do not math worker job requirements.
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter21: Unemployment
Section: Chapter Questions
Problem 41CTQ: Unemployment rates have been higher in many European countries in recent decades than in the United...
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6.
Which of the following statements is true regarding
Group of answer choices
Unemployment is generally higher in the United State that in most European nations.
The Federal Reserve's goal is 100 percent employment in the US economy.
Frictional unemployment is a bad situation as it restricts the labor
Structural unemployment is a bad thing as worker jobs skills do not math worker job requirements.
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