1. Why have the costs to the government of unemployment benefits not been included as a cost...

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1. Why have the costs to the government of unemployment benefits not been included as a cost to the economy?

2. Which of the above costs would be recorded as a reduction in GDP?

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Economics

ISBN: 978-1292187853

10th edition

Authors: John Sloman, Jon Guest, Dean Garratt

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Question Posted: Jul 19, 2024 03:02 PM

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1. Why have the costs to the government of unemployment benefits not been included as a cost...

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1 Because unemployment benefit is merely a transfer of money fro...View the full answer

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