O' Sullivan believed that the United States had a mission to expand, spreading its form of democracy and freedom
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.
The answer is North America. I had this quiz.
Answer:
Classical economist, Keynes
Explanation:
The economist spending time in total economics and the output of the effects. It was developed by the Keynesian economists in 1930 to know about the great depression. This the phenomenon that pulls out the great economy from out of the danger called the great depression. The main aim of this theory is to obtain the performance level of the economy. This is the theory that tells about the new way of thinking.
Thus classical economist advocates Laissez-Faire. On the other hand, Keynes that prices and wages were not flexible enough to make the market self adjust and make the discretionary fiscal policy.
