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Business, 18.02.2020 20:58 xhdud

Compare two countries, one that has unlimited employment insurance and one in which workers are eligible for 26 weeks of employment insurance. One reason why the country with more employment insurance may have a higher equilibrium unemployment rate is that:

a) unemployment payments are not enough to live on.

b) workers in the country with unlimited unemployment benefits are likely to be older.

c) workers in the country with unlimited unemployment benefits have less incentive to search diligently for work.

d) workers in the country with unlimited unemployment benefits have more incentive to search diligently for work.

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