Question: Question content area top Part 1 If we compare the Canadian natural unemployment rate to the U . S . natural unemployment rate, we find

Question content area top
Part 1
If we compare the Canadian natural unemployment rate to the U.S. natural unemployment rate, we find that for most years since 1980
Question content area bottom
Part 1
A.
The U.S. rate is higher, possibly the result of more structural change occurring in the United States.
B.
the U.S. rate is higher, possibly the result of greater job search within a larger country.
C.
the Canadian rate is higher, possibly the result of higher unemployment benefits in the United States for most of those years.
D.
they are essentially the same because we have a lot in common.
E.
the Canadian rate is higher, possibly the result of higher unemployment benefits in Canada for most of those years.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!