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    Macroeconomics Study Set 68
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    Exam 4: Market Failures Caused by Externalities Asymmetric Information
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    When Critics of Unemployment Insurance Claim That Some of the Unemployed
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When Critics of Unemployment Insurance Claim That Some of the Unemployed

Question 80

Question 80

True/False

When critics of unemployment insurance claim that some of the unemployed are not exerting much
effort to find jobs because of the unemployment benefits, they are referring to the moral hazard
problem.

Correct Answer:

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