What Is Characteristic of the Relationship Between Unemployment Insurance and Job-Search

question 138

Multiple Choice

What is characteristic of the relationship between unemployment insurance and job-search effort?

• A) Unemployment insurance raises structural unemployment because it reduces the job search of the unemployed.
• B) Most economists are sceptical of the value of unemployment insurance because they believe that it results in a poorer match between workers and jobs.
• C) A typical unemployed worker near the end of the time in which he or she can receive benefits increases job-search efforts.
• D) Unemployed people need to put less job-search effort now than they did in 1971 because in 1971 the conditions to receive unemployment benefits were stricter than today.

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Definitions:

Budgeted Income Statement

A financial report that projects income, expenses, and net income for a future period based on management's expectations.

Budgeted Sales

Projected sales amounts estimated for a future period, often used for planning and strategy purposes.

Cash Collections

The process of gathering and managing cash inflows from various sources, such as sales or receivables.

Planning

Selecting a course of action and specifying how the action will be implemented.