The principal benefit of unemployment insurance is that it
a. reduces the occurrence of unemployment in the economy.
b. replaces income lost due to unemployment.
c. increases labor force participation.
d. helps reduce the period of unemployment.
b
Economics
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After experiencing its first budget surplus in 30 years in 1998, for how many consecutive years following that did the budget remain in a surplus state?
A) 1 B) 2 C) 3 D) 4
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What causes the labor demand curve to shift? (i) changes in productivity (ii) changes in wages (iii) changes in output prices
a. (i) and (ii) b. (ii) and (iii) c. (i) and (iii) d. All of the above are correct.
Economics