Asked by
Annette Perez
on Nov 30, 2024Verified
Governmental assistance to the unemployed
A) was advocated by classical economists.
B) is taxed as regular income by the federal government.
C) is opposed by Keynesian economists.
D) was abolished under the 1986 Tax Reform Act.
E) may increase unemployment because it enables the jobless to take more time to look for employment.
Governmental Assistance
Financial support or aid provided by the government to individuals, businesses, or other governmental entities.
- Understand the effects of government assistance and fiscal policy on unemployment.
Verified Answer
MD
Learning Objectives
- Understand the effects of government assistance and fiscal policy on unemployment.
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