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Which of the following statements is NOT correct? Select one: a. Employment insurance payments increases the opportunity cost of being unemployed. b. Employment insurance compensation
Which of the following statements is NOT correct?
Select one:
a. Employment insurance payments increases the opportunity cost of being unemployed.
b. Employment insurance compensation fosters longer job searches, which may lead to better matches between employment outcomes and employees.
c. Labor Demand and labor supply curves are constantly shifting.
d. The typical employment insurance payment is approximately 1/3rd of an individual's latest salary for up to 26 weeks.
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