Solved

Since Unemployment Rates Are Consistently Higher in Some African Countries

Question 43

Essay

Since unemployment rates are consistently higher in some African countries like South Africa and Zimbabwe than in Botswana, it appears that the natural rate of unemployment is lower in Botswana.What might explain this difference?

Correct Answer:

verifed

Verified

The first is frictional unemployment, wh...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents