2. Explain in your own words how each of the following would affect the long-run average rate...

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2. Explain in your own words how each of the following would affect the long-run average rate of unemployment:

(a) Higher benefit levels for unemployed workers

(b) An increase in the minimum wage rate

(c) Exemption of teen-aged workers from minimum wage legislation

(d) Taxation of unemployment compensation payments as regular income

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Economics Private And Public Choice

ISBN: 9780123110404

2nd Edition

Authors: James D Gwartney; Richard Stroup; A H Studenmund

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Question Posted: Oct 25, 2024 09:06 AM

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2. Explain in your own words how each of the following would affect the long-run average rate...

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Economics Private And Public Choice

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