If Unemployment Insurance Causes Someone to Wait Longer Before Looking

question 88

Multiple Choice

If unemployment insurance causes someone to wait longer before looking for work, this would be called

• A)asymmetric information.
• B)moral hazard.
• C)adverse selection.
• D)adverse allocation.

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Definitions:

Punishment

A consequence that decreases the likelihood of a behavior being repeated by applying an undesirable stimulus or removing a desirable one.

Matching Law

A principle that states the proportion of responses allocated to a particular option matches the proportion of reinforcements obtained from that option.

Schedules of Reinforcement

The rules or plans for determining when and how often reinforcements, like rewards or punishments, are given in behavior conditioning processes.

Access

The right or opportunity to use or benefit from something, such as services, data, or resources.