Senator Frank is up for reelection. One of his campaign promises is the enactment of new legislation that will provide American workers who are laid off with much higher unemployment compensation and will guarantee those benefits for a full year. If enacted, Senator Frank's proposal is likely to:
A) lower tax rates on small and medium businesses.
B) have a negative impact on entrepreneurship rates.
C) encourage more people to start new businesses.
D) keep businesses from laying off more workers.
Correct Answer:
Verified
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