15. Which of the following statements is (are) correct? (x) Economists have found evidence that receiving unemployment- insurance benefits decreases the job-search effort of the unemployed. (y) We would predict that the more generous the unemployment compensation a country has, the longer the duration of each spell of unemployment, and the higher the unemployment rate. (z) A typical American worker covered by unemployment insurance receives 100 percent of their former wages for 26 weeks. A. (x), (y) and (z) B. (x) and (y) only C. (x) and (z) only D. (y) and (z) only E. (x) only

Essentials of Economics (MindTap Course List)
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ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter20: Unemployment
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15. Which of the following statements is (are) correct? (x) Economists have found evidence that receiving unemployment-
insurance benefits decreases the job-search effort of the unemployed. (y) We would predict that the more generous the
unemployment compensation a country has, the longer the duration of each spell of unemployment, and the higher the
unemployment rate. (z) A typical American worker covered by unemployment insurance receives 100 percent of their
former wages for 26 weeks.
A. (x), (y) and (z)
B. (x) and (y) only
C. (x) and (z) only
D. (y) and (z) only E. (x) only
Transcribed Image Text:15. Which of the following statements is (are) correct? (x) Economists have found evidence that receiving unemployment- insurance benefits decreases the job-search effort of the unemployed. (y) We would predict that the more generous the unemployment compensation a country has, the longer the duration of each spell of unemployment, and the higher the unemployment rate. (z) A typical American worker covered by unemployment insurance receives 100 percent of their former wages for 26 weeks. A. (x), (y) and (z) B. (x) and (y) only C. (x) and (z) only D. (y) and (z) only E. (x) only
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