Macroeconomics: unemployment benefits | Economics homework help

At the acme of the housing crisis in the US, in 2009-2010 the Government determined for a transient production of unemployment benefits to 99 weeks, from the plummet six months.  

a) What do you imagine of this sentence?  What are the explicit and privative collisions of this sentence to the participation and the overall arrangement?

b) How would J.M. Keynes rebound to this production?

c) How would a Classical Economist say encircling it?

Use as sundry economic principles (from the textbook and other sources) as you can in correspondent the doubts.

As a guideline, each of the 10 purposes achieve be moderate from the following:

  1. Post your vindication (400-500 tone) to the posted DQ responding to the substance asked, instead of repeating the doubt or not attending to the doubt. Comprehensible vindications involve making comments using concepts establish in the assigned lection materials or aid examples from your trial. Hence scarcely providing a inconsiderable “yes, I agree” or “no, I do not agree” postings are not unabrupt posts
  2. Write in improve grammar; any errors achieve construe to a abatement in purposes.
  3. Check for the spelling; any errors achieve remove purposes.
  4. Your responses must be comprehensible that involve your own thoughts, protected after a while research (at last two outer sources other than textbook, and you must adduce these sources).
  5. You get one purpose when you meet to one of your classmates’ posts, so after a while comprehensible comments (100-200 tone).
  6. One over purpose when you meet to another classmate’s post (100-200 tone).
  7. One purpose for collaboration.  It is prepared that your involvement in discussions be of a collaborative constitution. Collaboration spectre is entirely divergent from confrontation.
  8. Deadline: due determination for each DQ achieve be on Monday shade 11.55pm, but you are detached to effect your comments anterior to Monday shade.  One purpose achieve be removeed for each day of slow patience.
  9. Creativity: exhibit a spiritual solutions or ideas or collision on other fields, such as: environmental collision, in union to the apparent socio-economic collisions of each subject-matter.
  10. Offer a advenient admonition or opinion options for the advenient after a while behold to the subject-matter in doubt.
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