According to most economists, what would be an effect of eliminating unemployment insurance?
A) It would cause an increase in unemployment because people would quit jobs they thought were not secure.
B) It would cause an increase in unemployment because if the government didn't provide unemployment insurance, private firms would offer superior insurance.
C) It would cause a decrease in unemployment and an improvement in economic well-being.
D) It would cause a decrease in unemployment, but economists disagree about whether economic well-being would be enhanced by such a change.

Question

Quizplus · Accepted Answer

Eliminating unemployment insurance might decrease unemployment as people may accept jobs more quickly without the safety net, but economists debate its impact on overall economic well-being.

According to Most Economists, What Would Be an Effect of Eliminating