Governments usually provide a system of unemployment insurance.What broader social goal is being met in this case?
A)income distribution
B)preference for public provision
C)protecting individuals from others or themselves
D)social responsibility
E)regulation of an imperfectly competitive economic activity

Question

Quizplus · Accepted Answer

The broader social goal being met in this case is income distribution. The unemployment insurance system provides financial support to individuals who are unemployed, which helps to redistribute income from those who are currently employed to those who are not. This helps to reduce income inequality and promote greater economic fairness.

Governments Usually Provide a System of Unemployment Insurance