Question Description
I'm working on a economics discussion question and need an explanation and answer to help me learn.
What effect does the payment of government unemployment benefits have on the unemployment rate? On the severity of recessions? Do you think that people should be allowed to receive unemployment benefits for 99 weeks?
Explanation & Answer
View attached explanation and answer. Let me know if you have any questions.
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Unemployment Benefits
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Unemployment Benefits
In trying to shield employees from significant income losses during unemployment,
unemployment benefit programs are present in the United States of America and almost all
industrialized nations. The programs protect people from selling their possessions or taking jobs
beneath their capabilities by enabling...
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