Theoretically,existence of generous unemployment insurance will
A) reduce the unemployment rate.
B) reduce reservation wages.
C) improve job matches.
D) increase income inequality.

Question

Quizplus · Accepted Answer

Generous unemployment insurance can allow individuals more time to search for jobs that better match their skills and preferences, potentially leading to improved job matches. This is because they are not forced to take the first available job due to financial pressures, allowing for a more thorough job search.

Theoretically,existence of Generous Unemployment Insurance Will