Which of the following tend to reduce economic uncertainty?

Question

Quizplus · Accepted Answer

All of the above tend to reduce economic uncertainty. Unemployment insurance provides a safety net for workers who lose their jobs, reducing uncertainty regarding their future income. Health insurance reduces uncertainty regarding the cost of healthcare, which can be a significant financial burden for individuals and families. Social security provides retirement benefits, disability benefits, and survivor benefits, reducing uncertainty regarding income in old age or during unexpected life events.

Which of the Following Tend to Reduce Economic Uncertainty