Which of the Following Best Explains Why Unemployment Rates Are

question 3

Multiple Choice

Which of the following best explains why unemployment rates are higher in the European economies than in Canada?

• A)More Europeans go to school fulltime and are therefore not able to participate in the labour market.
• B)Unemployment benefits are more generous in Europe than in Canada.
• C)Workers in Europe are less productive than workers in Canada.
• D)European industries pay a lower wage rate than industries in Canada.

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Definitions:

Social Media

Digital platforms that enable users to create, share, or exchange information, ideas, and content among communities and networks.

Informal Arrangement

An agreement between parties that is not codified in a formal contract but is understood and honored by all involved.

Induce

To lead or move someone to do something, often through persuasion or influence.

Liability

A legal responsibility or obligation, which can be in the form of debts or obligations arising from contracts, or as a result of violating laws and causing harm.