If the U.S. system of unemployment insurance didn't exist, one would predict that
A)workers would never become unemployed.
B)workers who became unemployed would remain unemployed for longer durations.
C)no worker would accept a job that is associated with seasonal unemployment.
D)seasonal unemployment would cease to exist.
E)workers in jobs that have high risks of unemployment or in jobs that face seasonal cycles of unemployment would be paid higher wages.

Question

Quizplus · Accepted Answer

Without unemployment insurance, workers in jobs with high unemployment risks or seasonal cycles would demand higher wages to compensate for the lack of financial safety net during periods of unemployment.

If the US System of Unemployment Insurance Didn't Exist, One Would Predict