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The phenomenon that may compel some people to prolong or postpone their job search because they can collect unemployment benefits for a longer time is

The phenomenon that may compel some people to prolong or postpone their job search because they can collect unemployment benefits for a longer time is an example of __________.

  • a.)
  • externalities
  • b.)
  • moral hazard
  • c.)
  • market failure
  • d.)
  • principal-agent problems

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