Empirical evidence suggests that:
a. technological change leads to higher unemployment rates
b. the unemployment rate in the U.S. in the late 1990s was lower than that in the 1970s.
c. the unemployment rate in the U.S. in the late 1990s was higher than that in the 1970s.
d. changes in the growth rate of population lead to higher unemployment rates.
e. increase in government regulation leads to higher unemployment rates.
b
Economics
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For a monopsony buyer of an input, the marginal expenditure curve
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