Is unemployment compensation a short-term automatic
Is unemployment compensation a short-term automatic stabilizer or is it a long-term automatic stabilizer? If it works in the short-run, then will it also work in the long-run? If so, how so and If not, why not?
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assume the economy is initially in a long-run equilibrium describe the movement from a short-run to a long-run
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is unemployment compensation a short-term automatic stabilizer or is it a long-term automatic stabilizer if it works in
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