The Economic Analysis of Extending the Duration of Unemployment Benefits

question 67

Multiple Choice

The economic analysis of extending the duration of unemployment benefits to 99 weeks involves both positive and normative analysis.Consider the following consequences of extending the duration of unemployment benefits:
a. Extending the duration of unemployment benefits to 99 weeks will create less incentive for some unemployed workers to seek employment.
b) Extending the duration of unemployment benefits to 99 weeks will increase the total amount of government expenditure on unemployment benefits.
c) The benefits received by those collecting unemployment benefits should be valued more highly than the increase in government expenditure needed to pay the benefits.
d) By extending the duration of unemployment benefits to 99 weeks,the unemployed will have more time to acquire new skills before reentering the workforce.
Which of the consequences above are positive statements and which are normative statements?

• A) a and b are positive statements; c and d are normative statements.
• B) Only b is a positive statement; a, c, and d are normative statements.
• C) a and d are positive statements; b and c are normative statements.
• D) a, b, and d, are positive statements; only c is a normative statement.

Explain the concept and importance of genomic imprinting in gene expression.

Understand the processes involved in eukaryotic gene regulation across different stages, from DNA to protein.

Identify the distinct mechanisms of mRNA regulation including processing, transport, and degradation.

Explain the function of transcription factors and their role in gene expression.

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Definitions:

Hair Root

The part of the hair located below the surface of the skin, anchoring the hair into the scalp or skin.

Early Development

A critical period in the life span of an organism, characterized by rapid physical and psychological growth and development.

Lanugo

Fine, soft hair, especially that which covers the body and limbs of a human fetus or newborn.

Unpigmented Hairs

Hairs that lack color due to an absence or decrease in melanin production.