The divergent behavior of unemployment in the United States and Europe

The divergent behavior of unemployment in the United States and Europe, especially in the 1990s,

a. has been ascribed to different structural characteristics of money markets in the two regions.
b. has been attributed to different structural characteristics of labor markets in the two regions.
c. cannot be explained for these two regions.
d. has been explained with different demographic factors in the two regions.

 

ANSWER

B

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