While One Benefit of Unemployment Insurance Is That It Can

question 155

Multiple Choice

While one benefit of unemployment insurance is that it can temporarily offset some of the financial costs of losing a job, its downside is that it:

• A) increases the incentive for a worker to find a job immediately.
• B) increases the incentive for the worker to have a second job.
• C) decreases the length of time a worker remains unemployed.
• D) increases the length of time a worker remains unemployed.

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Definitions:

Black And White

A term often used to describe a situation or view that is clear-cut, with no gray area or ambiguity.

Caption

A caption is a brief explanation or description accompanying an illustration, photo, or diagram, often providing context or additional information.

Sustainable Competitive Advantage

A long-term strategy that a company possesses, which enables it to remain more competitive than its rivals, leading to greater sales or margins and retaining loyal customers.

Strategic Focus

The act of concentrating a company's efforts and resources on a particular business strategy or goal to achieve competitive advantage.