Evidence from research studies by economists
a. shows that increased unemployment benefits decrease the job search efforts of the unemployed.
b. shows that increased unemployment benefits have virtually no effect on the job search efforts of the unemployed.
c. shows that increased unemployment benefits increase the job search efforts of the unemployed.
d. is conflicting on what increased unemployment benefits do to the job search efforts of the unemployed.
a
You might also like to view...
The quantity theory of money predicts that in the ________, a 10 percent increase in the quantity of money leads to a 10 percent increase in ________
A) long run; real GDP B) short run; velocity C) long run; velocity D) long run; price level
Using the Keynesian aggregate expenditures model, which of the following is true?
a. Macro equilibrium may occur at levels of real GDP other than full-employment real GDP. b. At any macro equilibrium, the actual rate of unemployment must equal the natural rate of unemployment. c. If an economy is operating below full employment capacity, the Keynesian model indicates that lower wage rates will automatically adjust the economy back to full employment. d. All of these are correct.