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QUESTION

Which of the following statements is incorrect?The typical employment insurance compensation is roughly

Which of the following statements is incorrect?

 The typical employment insurance compensation is roughly

one third of one's latest salary for up to 26 weeks.

 Employment insurance compensation encourages longer job searches, which may lead to a better match between jobs and employees.

  Demand and supply curves for labor are constantly shifting. 

 Employment insurance compensation increases the opportunity cost of being unemployed.

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