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When Critics of Unemployment Insurance Claim That Some of the Unemployed

question 62

True/False

When critics of unemployment insurance claim that some of the unemployed are not exerting much effort to find jobs because of the unemployment benefits, they are referring to the moral hazard problem.


Definitions:

Majority

More than half of a particular group or amount, often referring to the requirement for decision-making in voting contexts.

Represented

To have one’s interests or viewpoints presented or advocated for, especially in contexts like negotiations or decision-making bodies.

Majority Unions

Organizations that represent the interests of a majority of workers in a particular sector or company, typically engaging in collective bargaining.

Nonmajority Unions

Labor unions that represent a segment of employees in a workplace without achieving majority status needed for formal recognition and bargaining.

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