Unemployment Insurance Increases Frictional Unemployment

question 103

True/False

Unemployment insurance increases frictional unemployment.

---

Definitions:

Alternative Hypotheses

In statistics, alternative hypotheses suggest that there is a significant difference, effect, or relationship between two variables.

Square Footage

A measure of area used primarily in the United States, equivalent to the area of a square with sides one foot in length.

P-value

A statistical measure indicating the probability of observing the given or more extreme outcome assuming the null hypothesis is true.

Population Mean

The average value of a characteristic in a population, calculated by summing the values for the characteristic among all individuals and dividing by the total number of individuals.