Order the answer to: During the debate over a federal spending bill, Senator A

Custom Essays business-economics Order the answer to: During the debate over a federal spending bill, Senator A

business-economics

Order the answer to: During the debate over a federal spending bill, Senator A

Question During the debate over a federal spending bill, Senator A proposed changing the schedule for paying out unemployment benefits to be one where benefits were doubled, but offered for half the current duration (so that UI benefits would expire after 13 weeks). In contrast, Senator B proposed cutting UI benefits in half but to pay benefits for twice as long (so that UI benefits would not expire until after 52 weeks). Comparing to the status quo, contrast both plans along the following dimensions: overall unemployment rate, average duration of unemployment spells, and the of wages accepted by workers coming out of a spell of unemployment.
Subject business-economics
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