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Economics
MEDIUM
ENGLISH
Economics
IF Unemployment insurance were so generous that it paid laid off workers 95 percent of their regular salary ?
A
Frictional Unemployment would fall
Option A
B
The official unemployment rate would probably understate true unemployment
Option B
The official unemployment rate would probably overstate true unemployment
Correct answer
D
There would be no impact on the official unemployment rate
Option D
Correct answer: C
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