How does unemployment compensation act as an automatic stabilizer for the economy? What do you think of

Question:

How does unemployment compensation act as an automatic stabilizer for the economy? What do you think of the proposals adopted in past recessions that extended unemployment compensation?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Basic Economics

ISBN: 978-1111826642

16th edition

Authors: Frank V. Mastrianna

See More Books

Question Posted: Mar 08, 2018 09:58 AM

See More Questions

1. How does unemployment compensation function as an automatic stabilizer? 2. Why do you suppose that many economists perceive a trade-off between short-term stabilization benefits of unemployment...
True or False: 1. Unemployment compensation and public assistance payments act as automatic stabilizers, stimulating aggregate demand during recessions and reducing aggregate demand during booms. 2....
Give an example of a government policy that acts as an automatic stabilizer. Explain why the policy has this effect.
The file CigaretteTax contains the state cigarette tax ($) for each state as of January 1, 2013. a. Construct an ordered array. b. Plot a percentage histogram. c. What conclusions can you reach about...
A sky diver of mass 80.0 kg jumps from a slow-moving aircraft and reaches a terminal speed of 50.0 m/s. (a) What is the acceleration of the sky diver when her speed is 30.0 m/s? What is the drag...
Which of the following is correct ? A. Inventories are assets held for use in the construction of the building, e.g., air conditioners B. Inventories are assets held for sale in the ordinary course...
Suppose at time 0 you have arranged to be paid at time $T$ the amount $\int_{0}^{T} S(t) \mathrm{d} t$, where $S(t)$ is the spot price at $t$ of a commodity that can be shorted and has zero...
Evigi Company has two divisions, the Semiconductor Division and the PC Division. The PC Division may purchase semiconductors from the Semiconductor Division or from outside suppliers. The...
Use synthetic division to find f(c). 37 f(x) 2x3 + 3x - 4x + 4; c=3
The managers of Roosevelt's (a local yet upscale bar) are considering charging an admission fee on Thursday nights. They contemplate how to charge. Should they: Option 1. Use just a beverage charge...
What are the dangers (if any) of foreigners holding a large percentage of the U.S. national debt?
Describe in detail the status of the U.S. economy today. How would you describe current monetary and fiscal policy?
An insurance company receives 25 claims in a certain month. Company policy mandates that a random selection of 5 of these claims be thoroughly investigated. If 2 of the 25 claims are fraudulent, find...
A mild steel component of dimensions shown in Figure Q1 (b) is to be formed by punching and V-bending. The material bend deduction is found by experiment to be 1.5mm and the material thickness is 2...
An engineering component is made of the Boron carbide (B4C) ceramic of Table 3.10. The most severely stressed point is subjected to the following state of stress: 0x = 35, oy = 21, Txy = 7, and o =...
(b) Complete a table of DH parameters for the robot shown below. Explain your reasoning. In your answer provide a description of each of the parameters. 0 0.3m 0.35m X3 23 0.25m [7 marks] 0.1m 0.2m
2.37 The output of an instrument is often a waveform. With the goal of developing a numerical measure of closeness, scientists asked 11 experts to look at two waveforms on the same graph and give a...
1. Find the minimum point of f(x) = 3x - 2x + x + 2x4 using the golden section method between a = -1.25 and au = -0.9. Conduct four iterations using the following table. Tabulate the ten values from...
Write an HDL module for an eight-input priority circuit.
Software Solution is family-owned business that has been in operation for more than 15 year. The board of directors is comprised of mainly family members, plus a few professionals such as an...
Dumping is selling a product in a foreign market at a lower price than a firms own domestic market. You might think that this would require a comparison of actual prices charged in home markets...
1. A country has a comparative advantage if it has a lower ________ cost of producing a good 2. The terms of trade is the rate at which two goods can be ________ for one another. 3. Suppose a country...
1. If a country bans the importation of a particular good, the market equilibrium is shown by the intersection of the _____curve and the_____ curve. 2. The equilibrium price under an import quota is...
a) Solve cos x = 2xy and cos xy = 2x to 5 decimal places with an initial guess of x0 = 0.5 and yo= 0.5 using proper method. (90 Point) ATTENTION: Please add a comment line to each line of code...
Write a program that will asks the user to input 15 students test score then store them in an array named "Score" your program should accomplish the followings: 1. Calculate and display the average....
4. What is clock synchronization? Synchronize the network given below when the server. advances 10 second using Berkeley algorithm. Server 2:35 2:00 2:20 1:55 Client 1 Client 2 Client 3

How does unemployment compensation act as an automatic stabilizer for the economy? What do you think of

Question:

Step by Step Answer:

Its primary stabilizing effect arises from the fact that as unem...View the full answer

Basic Economics

Students also viewed these Economics questions