An increase in unemployment benefits is likely to:
A)reduce a person's incentive to look for work.
B)reduce the opportunity cost of remaining employed.
C)provide a better safety net for employed families.
D)decrease the tax imposed on consumers.
E)increase the need to accept the first job available after becoming unemployed.

Question

Quizplus · Accepted Answer

Increasing unemployment benefits can reduce the incentive for individuals to actively seek employment because they may rely on the benefits instead of actively looking for work. This can lead to longer periods of unemployment, which can have negative impacts on both the individual and the economy as a whole.

An Increase in Unemployment Benefits Is Likely To