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Answer:
The correct answer is letter "A": With the longer duration of unemployment benefits, firms needed to keep wages high to attract people to work. This caused downward wage rigidity, leading to persistent higher unemployment.
Explanation:
The Great Recession (2007-2009) is the period in U.S. economics when it suffered a high-scale dwindle as a result of the collapse in the real estate market and the subprime mortgage crisis. The financial sector collapsed as well forcing some banks to declare bankruptcy.
In this context, long-lasting unemployment benefits were provided such us <em>downward wage rigidity</em>, which implied employers were unable to reduce the salaries in dollar terms. By doing that, having low to none income, in order to meet their income objectives, major organizations had to lay off employees directly causing the rate of unemployment increase.
China is the largest producer of hydroelectricity, followed by Canada, Brazil, and the U.S.
Answer:
The Ethiopian Diaspora is one of the largest of all African countries and is concentrated primarily in the United States and United Kingdom. ... Internal migration occurs in the form of rural-urban migration, rural-rural migration, and resettlement policies, which are all substantial in Ethiopia.
