Employment insurance alleviates poverty and redistributes

Assignment Help Business Economics
Reference no: EM132021619

Please help me understand by explaining the below statements:

1st statement - The extent to which Employment Insurance alleviates poverty and redistributes incomes depends on how the benefits are distributed and how the program is financed.

2nd statement - People with insurance may be more likely to engage in risky behaviour because they are insured.

Feel free to add your points! Thanks

Reference no: EM132021619

Questions Cloud

The interest rate on bond than is the coupon rate : What is the yield to maturity? Why is the yield to maturity a better measure of the interest rate on a bond than is the coupon rate?
What is the most you can pay for the equipment : You have just been offered a contract worth $1.23 million per year for 7 years. However, to take the contract, you will need to purchase some new equipment.
Income effect the price specie flow mechanism : Could you please explain for me what is the price specie flow mechanism and also I don't understand how the income effect the price specie flow mechanism?
Should it purchase the loan if its duration is six years : OD Financial institution is considering buying a $4 million commercial loan to raise the existing average duration of its assets from four years to three years.
Employment insurance alleviates poverty and redistributes : The extent to which Employment Insurance alleviates poverty and redistributes incomes depends on how the benefits are distributed and how the program is finance
What will the price be for the insured and uninsured : If 50 units of medical services are used, what will the price be for the insured and uninsured?
What is forecasted dividend payout ratio : The company forecasts a net income of $1,200,000. If it follows a residual dividend policy, what is its forecasted dividend payout ratio?
What is the firm degree of operating leverage : What is the firm's degree of operating leverage (defined as the ratio of the percent change in EBIT to the percent change in sales) in going from a recession.
Do you believe the market power of automobile companies : (a) Do you believe the market power of automobile companies will increase or decrease with autonomous cars and why?

Reviews

Write a Review

Business Economics Questions & Answers

  What is the full employment level of real gdp

The Natural Rate of Unemployment is 5% with the current unemployment rate of 10%. The actual Real GDP is $500. What is the Full Employment (Potential) level of Real GDP?

  Cobb-douglas production function

Show that if this is true (ie that both factors of production are 'rewarded' according to their marginal products) and we add together the total value of real income to all units of labour and the total value of real income to all units of capital..

  Explain what change in equilibrium price-quantity will be

Draw a correctly labeled market graph that illustrates an effective legal limit (floor) on prices. Identify the quantity demanded, the quantity supplied, and the size of the resulting surplus or shortage. Draw a correctly labeled market graph that il..

  Consider policy based on taxes

Assume that you have an economy that is in the early months of a recession. Unemployment is 7.2% and rising. Inflation is at 1.2% and relatively stable at the level. Consider a policy based on Taxes. Develop a policy that will help get the economy ou..

  What does gdp really tell us about economic growth

According to the article "What Does GDP Really Tell Us About Economic Growth," located in Topic Materials, Khan discusses the pitfalls of GDP. Describe how these pitfalls have affected the overall economic status of a country.

  Pros and cons of a budget deficit and the national debt

How will a cut in Government Spending of $300 billion with a MPC equal to .75 impact AD, inflation, and output? Why? Make sure to include the appropriate equations and graph. How does the cut in Government spending impact the budget deficit and the n..

  1 draw a real expenditures curve on a graph showing a

1. draw a real expenditures curve on a graph showing a recessionary gap. explain what happens to real gdp when it is

  Average number of outpatient care visit

Suppose from your randomized experiment you observed two data points about demand for healthcare:

  Explain why your answer is correct based on slutsky

Decide whether each of following statements is true or false. Then explain why your answer is correct, based on Slutsky decomposition into income and substitution effect.

  Ultimate effect of that increase in investment spending

Assume an economy with no government or foreign trade and the following equations, Based on this data C=150 + .9DI, I=250, Show what would happen in the first five rounds following an increase in investment spending from 400 to 800.0. What would be t..

  Describe the supply chain management

Briefly describe the supply chain management (SCM) process. Discuss the role of SCM in e-business and e-commerce.

  According to a regression analysis

Since all the Hawkins Company's costs (other than advertising) are essentially fixed costs, managers want to maximize total revenue (net of advertising expenses). According to a regression analysis (based on 124 observations) carried out by managers,..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd