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kincasdce123 kincasdce123
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2 months ago
A key part of the government's initial response to the Covid-19 recession was to increase existing levels of unemployment insurance by $600 per month and extend the time workers were eligible for them. Which of the following is a not an argument in favor of this policy?

▸ The policy will allow workers in "high-contact" sectors to stay home and reduce the risk of spreading the virus.

▸ The policy will allow workers to more easily switch to the jobs that are newly available after the pandemic ends rather than hoping their old job returns.

▸ The policy will provide targeted relief to the people hardest hit by the pandemic.

▸ The policy will likely stimulate a lot of additional spending and will increase GDP even while many parts of the economy are shut down.
Textbook 

Macroeconomics


Edition: 3rd
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jwmarojwmaro
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2 months ago
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The policy will likely stimulate a lot of additional spending and will increase GDP even while many parts of the economy are shut down.

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