Does unemployment compensation increase unemployment

Reference no: EM132676866

Question: Does unemployment compensation increase unemployment? Between 2008 and 2010 federal laws extended eligibility for unemployment compensation for up to 99 weeks in states with persistently high unemployment rates. Some argue that longer eligibility for unemployment compensation may, in fact, discourage people from seriously seeking employment. Do you agree or disagree? Explain why.

Please use economic theory learned in the module to answer this question.

Reference no: EM132676866

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