With the exception of during recessions, workers in Canada are eligible for unemployment benefits for about twice as long a period of time as workers in the United States. As a result,
A) frictional unemployment is higher, on average, in the United States than in Canada.
B) the opportunity cost of job search in Canada is lower than in the United States.
C) the average duration of unemployment is longer in the United States than in Canada.
D) the unemployment rate in Canada is usually higher than in the United States.
D
Economics
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The function of money that allows individuals a method to compare the relative value of goods and services is
A) liquidity. B) medium of exchange. C) store of value. D) unit of accounting.
Economics
How were exchange rates determined under the gold standard? How did the Bretton Woods system differ from the gold standard?
What will be an ideal response?
Economics