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Essay Details:
Essay text:
The gap developed in spite of very similar
economic performances across the two countries: the growth rate of real per
capita incomes has been virtually identical since 1976. However, now, well into
the 90s, the gap has widened much more significantly. In the last five years,
the United States average has actually fallen from 6.7% to 6.5%, with a current
rate of 5.2%, while the Canadian rate has and still remains at 9.4%, with a
current rate of 9.7%. This substantial difference in Canada's unemployment rate
can be attributed mostly to the safety net which the government provides,
including generous payments of unemployment insurance and other social services;
but also to the high payroll taxes; and the under performing Canadian economy...
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Common topics in this essay:
- Economic Concern: Unemployment Rate
- Estimate of the risk-free rate pf interest ("U.S. 10-year Treasury" bond rate
- Real Exchange Rate Stabilisation and Managed Floating: Exchange Rate Policy in
- The unemployment rate
- Unemployment Rate
- Unemployment Rate
- Unemployment
- Unemployment
- Unemployment
- unemployment
- Unemployment
- Canada's Unemployment Rate
- Natural Rate of Unemployment
- The Unemployment Rate
- How to Increase the Helping Rate? - A Study on Building up a Help-encouraging Social Environment
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