Which of the following is TRUE about the unemployment benefit schedule?
A) Benefit payments are fixed and do not depend on previous earnings.
B) Benefit payments are an increasing function of previous earnings,and every worker receives some benefit regardless of previous earnings.
C) Replacement rates are approximately the same for high- and low-income earners.
D) Unlike most other social insurance programs,the benefits received from unemployment insurance are taxed.
Correct Answer:
Verified
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