Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

As a response to structural unemployment due to AI (artificialintelligence), Democratic Presidential candidate Andrew Yang proposes the Freedom Dividend, a universal income of $1000/month per

As a response to structural unemployment due to AI (artificialintelligence), Democratic Presidential candidate Andrew Yang proposes "the Freedom Dividend," a universal income of $1000/month per citizen. What do you think of this proposal?

Consider any of the following in your answer: Unemployment, aggregate demand, economic growth, structural unemployment, labor force participation rate, opportunity cost, the federal deficit, business start-ups, and/or unintended consequences.

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

Macroeconomics Principles And Policy

Authors: William J. Baumol, Alan S. Blinder

11th Edition

0324586213, 978-0324586213

More Books

Students also viewed these Economics questions