What Would We Predict If a Country Increases Its Unemployment

question 173

Multiple Choice

What would we predict if a country increases its unemployment compensation?

• A) The country would have shorter durations of each spell of unemployment, and it would have a higher unemployment.
• B) The country would have shorter durations of each spell of unemployment, and it would have a lower unemployment rate
• C) The country would have longer durations of each spell of unemployment, and it would have a higher unemployment rate.
• D) The country would have longer durations of each spell of unemployment, and it would have a lower unemployment.

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Definitions:

Petty Cash

A small amount of cash on hand used for covering minor expenses.