Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

IF Unemployment insurance were so generous that it paid laid off workers 95 percent of their regular salary ?

IF Unemployment insurance were so generous that it paid laid off workers 95 percent of their regular salary ?

A. Frictional Unemployment would fall
B. The official unemployment rate would probably understate true unemployment
C. The official unemployment rate would probably overstate true unemployment
D. There would be no impact on the official unemployment rate
E. None of these answers