

MCQOPTIONS
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1. |
IF Unemployment insurance were so generous that it paid laid off workers 95 percent of their regular salary ? |
A. | Frictional Unemployment would fall |
B. | The official unemployment rate would probably understate true unemployment |
C. | The official unemployment rate would probably overstate true unemployment |
D. | There would be no impact on the official unemployment rate |
E. | None of these answers |
Answer» D. There would be no impact on the official unemployment rate | |