The divergent behavior of unemployment in the United States and Europe, especially in the 1990s,
a. has been ascribed to different structural characteristics of money markets in the two regions.
b. has been attributed to different structural characteristics of labor markets in the two regions.
c. cannot be explained for these two regions.
d. has been explained with different demographic factors in the two regions.
B
Economics
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An international conference in Bretton Woods, New Hampshire, in 1944 resulted in the formation of:
a. the European Union in 1945. b. the Kyoto Agreement in 1971. c. the General Agreement on Tariffs and Trade (GATT) in 1947. d. the International Red Cross in 1955.
Economics
For the average living standard of a nation to rise, the only thing that needs to happen is for nominal GDP to increase faster than the price level
a. True b. False
Economics