Multiple Choice
According to research by Wang and Williamson,the optimal Employment Insurance program
A) could be implemented with EI accounts, but the welfare gains are relatively small.
B) could be implemented with EI accounts and the welfare gains are large.
C) could not be implemented but the welfare gains are large.
D) is independent of the moral hazard problem.
E) looks very similar to the existing program in Canada.
Correct Answer:

Verified
Correct Answer:
Verified
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