Whats effect unemployment in economy?
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Ответ:
when someone is unemployed(does not have a job), but still benefits the economy in some way
Ответ:
These three elements are automatic stabilizers:
a. Corporate income taxes
b. Unemployment insurance benefits
c. Personal income taxes
Explanation:
Automatic stabilizers are features of fiscal policy that automatically dampen the effects of a recession on government revenue.
This is because these features adjust on a recession.
Corporate taxes are reduced on a recession because they are based on corporate profits, and corporate profits fall very fast during economic recession.
Unemployment insurance benefits increase during economic recessions because more people are laid off when the economy slows down.
Personal income tax income also decreases because people earn less during recessions.