How might the introduction of a universal basic income (UBI) affect labor market participation rates in an advanced economy? A. It would have no effect on labor market participation rates. B. It would increase labor market participation rates by providing people with more flexibility to seek jobs that match their skills. C. It would decrease labor market participation rates as people might choose not to work if their basic needs are met. D. It would only affect part-time labor market participation rates, not full-time.

How might the introduction of a universal basic income (UBI) affect labor market participation rates in an advanced economy? A. It would have no effect on labor market participation rates. B. It would increase labor market participation rates by providing people with more flexibility to seek jobs that match their skills. C. It would decrease labor market participation rates as people might choose not to work if their basic needs are met. D. It would only affect part-time labor market participation rates, not full-time.

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter17: Income, Poverty, And Health Care

Section: Chapter Questions

Problem 1P

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