Analyze the potential economic impacts of a universal basic income (UBI) implementation in a highly automated economy, focusing on labor force participation rates, income inequality, and consumer spending. Evaluate the effectiveness of UBI in stabilizing economies during periods of technological unemployment and its long-term sustainability given current taxation structures.

Analyze the potential economic impacts of a universal basic income (UBI) implementation in a highly automated economy, focusing on labor force participation rates, income inequality, and consumer spending. Evaluate the effectiveness of UBI in stabilizing economies during periods of technological unemployment and its long-term sustainability given current taxation structures.

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter14: Macroeconomic Policy: Tradeoffs, Expectations, Credibility, And Sources Of Business Cycles

Section: Chapter Questions

Problem 17E

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