Which of the following statements does NOT depict employment insurance?
A)Employment insurance leads to more frictional unemployment as job seekers are unemployed for longer.
B)Employment insurance does not cover those who have quit their job.
C)Employment insurance compensation encourages longer job searches, which may lead to a better match between jobs and employees.
D)Employment insurance compensation increases the opportunity cost of being unemployed.

Question

Quizplus · Accepted Answer

Employment insurance compensation decreases the opportunity cost of being unemployed, as it provides financial support while individuals search for a new job.

Which of the Following Statements Does NOT Depict Employment Insurance