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In considering the merits of lengthening the duration of unemployment benefits one should consider? a. the reduction of moral hazard costs b. that the self-insurance
In considering the merits of lengthening the duration of unemployment benefits one should consider?
a. the reduction of moral hazard costs
b. that the self-insurance potential increases as the time period grows longer.
c. the increased value of consumption smoothing for the longer-term unemployed.
d. the reduction in cost due to the reduced need for retraining programs for the long-term unemployed.
Answer and explain your answer correctly. I will rate accordingly. This is my last attempts. So do it correctly please. Ty-ped answer only...
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