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Author Question: A rise in unemployment benefits may increase the unemployment rate because higher unemployment benefits (Read 105 times)

OSWALD

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Question 1

A firm which is a 'wage-setter' rather than a 'wage-taker' is said to be
◦ a monopsonist.
◦ an oligopsonist.
◦ A or B
◦ neither A nor B

Question 2

A rise in unemployment benefits may increase the unemployment rate because higher unemployment benefits
◦ enable people to quit searching for work.
◦ reduce the cost of job search.
◦ reduce the benefits of additional job searching.
◦ discourage people from entering the labour force.


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Marked as best answer by OSWALD on May 25, 2020

jrpg123456

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OSWALD

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Reply 2 on: May 25, 2020
Great answer, keep it coming :)


jordangronback

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Reply 3 on: Yesterday
Excellent

 

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