*Which of the following statements is incorrect?
A. Employment insurance compensation encourages longer job searches, which may lead to a better match between jobs and employees.
B. Employment insurance compensation increases the opportunity cost of being unemployed.
C. The typical employment insurance compensation is roughly one third of one’s latest salary for up to 26 weeks.
D. Demand and supply curves for labor are constantly shifting.
Answer:B
*Which of the following statements is incorrect?
A. Employment insurance compensation encourages longer job searches, which may lead to a better match between jobs and employees. B. Employment insurance compensation increases the opportunity cost of being unemployed. C. The typical employment insurance compensation is roughly one third of one’s latest salary for up to 26 weeks. D. Demand and supply curves for labor are constantly shifting.
Explanation: Type: Multiple Choice