Which of the following is true?
A) High benefit payments to unemployed workers will tend to increase the rate of unemployment.
B) If a system of personal savings accounts replaced the current unemployment benefit system,the unemployment rate would fall to zero.
C) The rate of unemployment in the large European economies has been persistently lower than that of the United States due to their more generous unemployment benefits.
D) Under the current unemployment insurance system,benefits replace about 90 percent of the typical worker's prior pretax earnings.
Correct Answer:
Verified
Q7: The difference between actual real GDP and
Q12: Potential output is the
A) maximum rate of
Q41: The actual rate of unemployment will generally
A)
Q42: Which of the following will most likely
Q43: Which of the following will most likely
Q45: The current U.S. unemployment insurance program
A) tends
Q52: During a recession, the actual rate of
Q57: The current U.S. unemployment insurance program tends
Q149: When the "baby boom" generation began entering
Q155: During a boom,the actual rate of unemployment
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents