1) There are 13 states in the western region
2) The growth rate for the west was more than twice of the national by manufacturing
3) Migration increased once there was a discovery of gold in California
4) The west was one of the last regions to be added into the United States
5) In the west Hawaii and California have the highest temperatures
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The answer is, Silk, Rice, and indigo! Hope this helps!
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.