An Increase in the Amount and Time Period for Which

question 28

Multiple Choice

An increase in the amount and time period for which unemployment compensation is paid will most likely

• A)increase the structural rate of unemployment.
• B)leave the natural rate of unemployment unchanged.
• C)decrease the natural rate of unemployment.
• D)increase turnover unemployment.

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Definitions:

RRSP

Registered Retirement Savings Plan, a retirement savings and investment vehicle for employees and the self-employed in Canada, offering tax benefits.

Twentieth Year

Referring to the twentieth year in a sequence or duration, often used in the context of anniversaries or timelines.

Annually

Occurring once every year or relating to a period of one year.

RRSP

Registered Retirement Savings Plan, a Canadian investment account designed to save for retirement, offering tax benefits.