An increase in the level of benefit paid to an unemployed person would

Question

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Increasing the level of benefit paid to an unemployed person effectively reduces the opportunity cost of not working, making it less financially pressing for the individual to find a job quickly. This can be seen as reducing the cost of job search because the individual can afford to spend more time looking for a job without facing immediate financial hardship.

An Increase in the Level of Benefit Paid to an Unemployed