When Ségolne Royal was running unsuccessfully for president of France, she proposed that workers who lost their

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When Ségolène Royal was running unsuccessfully for president of France, she proposed that workers who lost their jobs would receive unemployment payments equal to 90 percent of their previous wages during their first year of unemployment. If this proposal had been enacted, what would the effect likely have been on the unemployment rate in France? Briefly explain.
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Economics

ISBN: 978-0134106243

6th edition

Authors: R. Glenn Hubbard

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