Which of the following tends to reduce economic uncertainty?
A) unemployment insurance
B) health insurance
C) social security
D) All of the above are correct.

Question

Quizplus · Accepted Answer

All three options (unemployment insurance, health insurance, and social security) tend to reduce economic uncertainty. Unemployment insurance provides financial assistance to individuals who lose their jobs, reducing uncertainty about how they will be able to support themselves and their families. Health insurance helps protect individuals from unexpected medical expenses, reducing uncertainty about the financial impact of a serious illness or injury. Social security provides a safety net for retirees, survivors, and individuals with disabilities, reducing uncertainty about how they will be able to support themselves in old age or in the event of a sudden loss of income. Collectively, these programs help to stabilize people's economic situations and reduce uncertainty about their financial futures.

Which of the Following Tends to Reduce Economic Uncertainty