Question

If the government guaranteed some income to all unemployed persons, how might the unemployment rate be...

If the government guaranteed some income to all unemployed persons, how might the unemployment rate be affected? Who should get unemployment benefits?

Homework Answers

Answer #1

if the government guarantees unemployment income to the unemployed it ensures a steady stream

of sustenances income to the unemployed workforce

unemployment rate will rise increase because many persons will prefer to remain as unemployed

to the guaranteed income being provided to them unemployed persons by the government of an

economy

unemployment benefits should be provided only to those unemployed persons who have earlier

worked for good time length before becoming unemployed and there is any reasonable reason behind

the loss of their jobs

  

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