Macroeconomics (Fourth Edition)
Macroeconomics (Fourth Edition)
4th Edition
ISBN: 9780393603767
Author: Charles I. Jones
Publisher: W. W. Norton & Company
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Chapter 7, Problem 5RQ
To determine

Compare the unemployment rate in Europe and United States.

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What could explain why unemployment is lower among workers with a relatively higher level of education and training?
what is the unemployment rate of this economy of six people?
Why there is always some level of unemployment?
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