If a Government Redesigned Its Unemployment Insurance Programs So That

question 100

Multiple Choice

If a government redesigned its unemployment insurance programs so that the unemployed had greater incentives to quickly find appropriate jobs,then which of the following curves would shift right?

• A)the long-run Phillips curve and the long-run aggregate supply curve
• B)the long-run Phillips curve but not the long-run aggregate supply curve
• C)the long-run aggregate supply curve but not the long-run Phillips curve
• D)neither the long-run Phillips curve nor the long-run aggregate supply curve

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Definitions:

Hemoglobin

An iron-containing protein in red blood cells that transports oxygen from the lungs to the body's tissues.

Red Blood Cells

Cells in the blood that carry oxygen from the lungs to the body's tissues and carbon dioxide back to the lungs to be exhaled.

Fibrin

A protein involved in the blood clotting process, which works by forming a fibrous mesh that impedes the flow of blood.

Blood Vessel

Tubular structures carrying blood through the tissues and organs; a vein, artery, or capillary.