Economics 9708 · AS & A Level · Price stability and inflation

Price stability and inflation — practice question

What reasons could explain why country X has a higher natural rate of unemployment than country Y?

  • AThere is a higher level of trade unionisation in X.
  • BThere is more training and education in X.
  • CThere are greater incentives to find work in X.
  • DThere is a higher level of job vacancy information in X.

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