Question

Compared to developed countries, developing countries…

spend greater sums on unemployment insurance.

often lack reliable or regular unemployment statistics.

enjoy lower official unemployment rates.

The consequences of unemployment are likely more serious in developing countries because…

developing countries are more likely to lack unemployment assistance programs.

lower labor force participation rates in developing countries compared to developed ones.

greater stigma surrounding unemployment.

As more women entered the workforce in the late 20th century the long-run US unemployment rate has

remained mostly unchanged.

steadily decreased.

increased.

Answer 1