1.14 Read the following and answer question 1.14-1.15. New York State's updated partial unemployment system now in effect The changes are meant for people who lost full-time work and are now working part time, 30 hours or fewer a week, and making $504 or less per week. Sunday was the first day to certify for benefits under New York State's updated partial unemployment system. The state is now using hours worked to determine how much money is paid out. I's meant for people who lost full-time work and are now working part-time, 30 hours or fewer a week and making $504 or less per week. If you worked zero to 10 hours, your unemployment will not be reduced, over 31 hours and you will not receive benefits. Surce: https://www.wgrz.com/article/news/local/new-york-state-partial-unemployment-system-in-effect/71- 4d2a3cf4-b7af-4850-b44c-c75a0861f6a3 Accessed: 24/08/21 The type of unemployment being addressed n the above intervention is. a) Cyclical unemployment b) Seasonal unemployment c) Hidden unemployment d) Frictional unemployment 1.15 The cost to the New York state demonstrated in the article is the.. a) Social cost b) Economic cost c) Political cost d) Distribution cost
1.14 Read the following and answer question 1.14-1.15. New York State's updated partial unemployment system now in effect The changes are meant for people who lost full-time work and are now working part time, 30 hours or fewer a week, and making $504 or less per week. Sunday was the first day to certify for benefits under New York State's updated partial unemployment system. The state is now using hours worked to determine how much money is paid out. I's meant for people who lost full-time work and are now working part-time, 30 hours or fewer a week and making $504 or less per week. If you worked zero to 10 hours, your unemployment will not be reduced, over 31 hours and you will not receive benefits. Surce: https://www.wgrz.com/article/news/local/new-york-state-partial-unemployment-system-in-effect/71- 4d2a3cf4-b7af-4850-b44c-c75a0861f6a3 Accessed: 24/08/21 The type of unemployment being addressed n the above intervention is. a) Cyclical unemployment b) Seasonal unemployment c) Hidden unemployment d) Frictional unemployment 1.15 The cost to the New York state demonstrated in the article is the.. a) Social cost b) Economic cost c) Political cost d) Distribution cost
Chapter1: Making Economics Decisions
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Transcribed Image Text:1.14 Read the following and answer question 1.14-1.15.
New York State's updated partial unemployment system now in effect
The changes are meant for people who lost full-time work and are now working part time, 30 hours or
fewer a week, and making $504 or less per week.
Sunday was the first day to certify for benefits under New York State's updated partial unemployment system.
The state is now using hours worked to determine how much money is paid out.
I's meant for people who lost full-time work and are now working part-time, 30 hours or fewer a week and
making $504 or less per week.
If you worked zero to 10 hours, your unemployment will not be reduced, over 31 hours and you will not receive
benefits.
Surce: https://www.wgrz.com/article/news/local/new-york-state-partial-unemployment-system-in-effect/71-
4d2a3cf4-b7af-4850-b44c-c75a0861f6a3
Accessed: 24/08/21
The type of unemployment being addressed n the above intervention is.
a) Cyclical unemployment
b) Seasonal unemployment
c) Hidden unemployment
d) Frictional unemployment
1.15 The cost to the New York state demonstrated in the article is the..
a) Social cost
b) Economic cost
c) Political cost
d) Distribution cost
Expert Solution
Step 1
Unemployment is a condition that occurs when a person who is actively looking for work is unable to find work.The most commonly used measure of unemployment is the unemployment rate, which is calculated by dividing the number of unemployed people by the number of people in the labour force.It is a situation in which a person is ready and willing to work at the prevailing wage but is unable to find work. Unemployment occurs in economics when people are out of work while actively looking for work.
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