The Average Unemployment Rate in Western Europe Is Higher Than

question 45

Essay

The average unemployment rate in western Europe is higher than in the United States.
a. Explain one difference between the European and U.S. economies that is consistent with more
structural unemployment in Europe.
b. Explain one difference between the European and U.S. economies that is consistent with more frictional
unemployment in Europe.

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Definitions:

Existing Schemas

Established sets of mental frameworks or patterns that individuals use to organize and interpret information based on their past experiences and knowledge.

Assimilation

The process by which individuals or groups of differing cultural backgrounds are absorbed into the dominant culture of a society.

Egocentrism

In Piaget’s theory, the preoperational child’s difficulty taking another’s point of view.

Accommodation

In psychology, a cognitive process of altering one's existing schemas, perceptions, and understanding so as to adapt to new information.