Question: 3. Suppose that the UI system is structured so that B $200, B = min max $500, and B = 5W + 100 in between,

3. Suppose that the UI system is structured so that B

3. Suppose that the UI system is structured so that B $200, B = min max $500, and B = 5W + 100 in between, where W = the pre- vious weekly wage and B = the weekly UI benefits. Graph this benefit formula, and calculate the benefits and replacement rate for workers whose previous weekly wages are $100, $500, and $2,000

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