"Discuss the Changes made to the United States Unemployment Insurance System during the COVID-19 Pandemic"

1. Medicaid work disincentive effects. Consider Figure 18.7, which depicts the labor market disincentive effects of Medicaid. In the figure:• L is the number of hours worked per year.• ¯I is the income threshold for Medicaid eligibility. If a worker earns less than ¯I, he is eligible for C free units of health care, which cost p per unit on the open market.• The solid line indicates the total compensation (wage plus Medicaid benefits) that a worker earns as a function of L, hours worked.• The slope of the solid line reflects the hourly wage a. In this model, workers earn the same total assets whether they work L1 or L2 hours. Is the worker better off at L1 or L2 hours of work?

Essay: Medical inflation How does medical inflation harm consumers? Why might the rate of medical inflation differ between countries?

Gerhart & Newman (2020) discuss how compensation (pay) may be a measure of justice, i.e., gender, race, culture, etc. They further state that stockholders are interested in executive pay. Why does it matter, and how is it fixed? How risky are these decisions to employee retention?

A key criticism of the NLRA is that the penalties against employers for violating the law are too harsh.   False   True

If the government builds a bridge halfway into the ocean (essentially a bridge to nowhere), how does this impact the country's economic health? A) Increases GDP, raises unemployment B) Decreases GDP, raises unemployment C) Increases GDP, lowers unemployment D) Decreases GDP, lowers unemployment