One Possible Explanation of the Higher Unemployment Rate in Canada

question 45

Multiple Choice

One possible explanation of the higher unemployment rate in Canada relative to the United States before the 2008-2009 recession is

• A) less generous unemployment benefits in Canada.
• B) more generous unemployment benefits in Canada.
• C) U.S. government policy was more effective in managing business cycles.
• D) a larger population in the United States.
• E) more job training programs in Canada.

Explore the impact of technological improvements on comparative advantage and production possibilities.

Understand the concept of human capital and its importance to the economy.

Grasp the principles of comparative advantage and international trade.

Interpret production possibilities and circular-flow diagrams to analyze economic adjustments.

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Definitions:

Dilated Pupils

A condition where the pupils of the eyes become larger or wider than normal, which can be a reaction to various conditions, light levels, or substances.

Heatstroke

A severe heat-related illness characterized by an elevated body temperature, potentially leading to death if not treated promptly.

Pupils

The opening in the center of the iris of the eye that allows light to strike the retina, adjusting in size to regulate the amount of light entering the eye.

CVA

Cerebrovascular Accident (CVA), commonly known as a stroke, is a medical condition that occurs when the blood supply to part of the brain is interrupted or reduced, preventing brain tissue from getting oxygen and nutrients.