Answer: Unemployment insurance decreases frictional unemployment.
Explanation:
FRICTIONAL UNEMPLOYMENT
This is unemployment caused by people moving from one job to another. It is temporary and is part of the natural rate of unemployment.
Unemployment insurance does not reduce unemployment because to get unemployment insurance you have to be just that, unemployed. An unemployed person getting unemployment insurance is still unemployed.
Perhaps more concerning is that unemployment insurance might actually increase frictional unemployment. With people getting Unemployment Insurance they might take longer finding a job that they 'feel' suits them, in other words they become selective because they have a financial cushion to fall back on.
Answer:
fundamental attribution bias
Explanation:
The decreases in price leads to greater quantity demanded and limited supply, which occurs during excess demand.
Supply and demand are two of the most important factors in the economy, as they identify the elements within a consumption relationship. When an item is traded, there are always two economic agents involved: one that buys and the other that sells, which are, respectively, the plaintiff and the offerer.
