Unemployment insurance is one of the social welfare programs that has been implemented in many advanced economies.

Unemployment insurance is one of the social welfare programs that has been implemented in many advanced economies. Someone argues that the unemployment insurance should be expanded. Then others argue that expanding unemployment insurance would increase the unemployment rate. Which argument do you agree? Why?

Expert Solution

I believe unemployment insurance should be expanded. Even though some will not opt got jobs but most will still opt for jobs since jobs provide more income, are fulfilling in nature and provide respect

Rahul Sunny answered 2 years ago

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