Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

9. Finland's government, in 2017, began a two-year experiment of giving an additional $635 per month (beyond the recipients' regular welfare assistance) to a group

9. Finland's government, in 2017, began a two-year experiment of giving an additional $635 per month (beyond the recipients' regular welfare assistance) to a group of 2,000 unemployed Finns. The government wanted to see if giving money to unemployed citizens would encourage them to get jobs. Preliminary results showed those receiving the money were neither more nor less likely to go to work. On the other hand, they reported a better sense of their own well-being than the study's comparison group. Recipients felt happier and less stressed. Other jurisdictions, including a few in the United States, are experimenting with similar cash handouts. If it were affordable, do you think the United States should give money to its unemployed citizens? Explain

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Microeconomics

Authors: Paul Krugman, Robin Wells

4th Edition

1464143870, 9781464143878

More Books

Students also viewed these Economics questions