One unintended consequence of unemploymentinsurance is that it reduces thea. search effort of the unemployed.b. income uncertainty that workers face.c. role of unions in wage setting.d. amount of frictional unemployment.
One unintended consequence of unemploymentinsurance is that it reduces thea. search effort of the unemployed.b. income uncertainty that workers face.c. role of unions in wage setting.d. amount of frictional unemployment.
Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter20: Unemployment
Section: Chapter Questions
Problem 3CQQ
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One unintended consequence of
insurance is that it reduces the
a. search effort of the unemployed.
b. income uncertainty that workers face.
c. role of unions in wage setting.
d. amount of frictional unemployment.
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