Which of the Following About Unemployment Is True

question 8

Multiple Choice

Which of the following about unemployment is true?

• A) The unemployment rates of the major European economies have been lower than that of the United States during the last decade.
• B) Compared to the U.S., European labor markets are characterized by less extensive regulation and less generous unemployment benefits.
• C) High unemployment rates over lengthy time periods are indicative of structural factors that are adversely affecting the natural rate of unemployment.
• D) The natural rate of unemployment decreases when youthful workers expand as a proportion of the workforce.

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Definitions:

Sacred

Pertains to something regarded with great respect and reverence, often connected to religion or spirituality.

Profane

Something that is not sacred or religious; secular or worldly.

Émile Durkheim

A French sociologist known for his foundational contributions to the study of social order, religion, and suicide.

Opium Of The People

A metaphor used by Karl Marx to describe religion's role in society, suggesting it is a way of providing people with consolation that detracts from the realities of their oppression.