In recent years unemployment rates in several European countries have been higher than unemployment rates in the United States. Many economists believe that European unemployment rates have been higher because
A) European firms hire many seasonal workers from other countries, and this tends to inflate unemployment rates in their countries.
B) of the different methods used to measure unemployment. If similar methods were used, unemployment rates in Europe and the United States would be about the same.
C) the size of the military is much larger in the United States and all military personnel are classified as employed.
D) unemployment benefits are more generous in Europe than in the United States.
D
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Economic growth is severely impeded in economies
A) with a lack of clear property rights. B) with high rates of convergence. C) which encourage induced innovation. D) with a strong market system.
To what can we attribute the relatively high population growth in colonial America, compared with growth in England?
(a) The relatively advanced medicine in the colonies (b) Better climate, food and water (c) Better hygiene and preventive care (d) All of the above