Multiple Choice
Which of the following statements is incorrect?
A) Demand and supply curves for labor are constantly shifting.
B) The typical unemployment compensation in the United States is roughly half one's salary for up to 26 weeks.
C) Unemployment compensation increases the opportunity cost of being unemployed.
D) Unemployment compensation encourages longer job searches, which may lead to a better match between jobs and employees.
Correct Answer:
Verified
Correct Answer:
Verified
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