10. Unemployment benefits usually last for 26 weeks; however, the federal government can vote to extend benefits during times of recession. Extension benefits are entirely federally-funded and allow unemployed workers to get benefits for a year or more. Why are the advantages for the economy of extending unemployment benefits? Name three or more negative effects of unemployment that the government might want to avoid.

10. Unemployment benefits usually last for 26 weeks; however, the federal government can vote to extend benefits during times of recession. Extension benefits are entirely federally-funded and allow unemployed workers to get benefits for a year or more. Why are the advantages for the economy of extending unemployment benefits? Name three or more negative effects of unemployment that the government might want to avoid.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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