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

---

Definitions:

Age

A measure of the amount of time an individual or object has existed from a particular starting point, typically measured in years.

Gender

The adoption of characteristics associated with men and women; acquired through socialization.

Chronological Age

The exact age of a person or thing, measured in years from the date of birth or creation.

Well-Being

A state of comfort, health, or happiness, encompassing both physical and psychological aspects.