Author Question: In the 1990s, the Danish government passed laws tightening eligibility requirements for receiving ... (Read 112 times)

azncindy619 · **on:** Jun 30, 2018

In the 1990s, the Danish government passed laws tightening eligibility requirements for receiving unemployment benefits. What happened in Denmark as a result of this policy change?
a. The size of the labor force declined
b. The unemployment rate decreased
c. More teenagers entered the labor force
d. The wage rate increased
e. The natural rate of unemployment increased

Question 2

A good economic theory, or model, weeds out the irrelevant facts from the relevant ones.
a. True
b. False
Indicate whether the statement is true or false