Which of these people is most likely to be a consumer, but not a producer? In most states, laid-off workers are eligible for 26 weeks of unemployment insurance. During recessions,... Which of these people is most likely to be a consumer, but not a producer? In most states, laid-off workers are eligible for 26 weeks of unemployment insurance. During recessions, that period is often extended to influence the behavior of __________.
Understand the Problem
The questions are asking about economic concepts related to consumers and the behavior of various groups during economic conditions like recessions.
Answer
Preschooler; consumers
The most likely consumer, but not a producer, is a preschooler. Unemployment insurance is extended to influence the behavior of consumers.
Answer for screen readers
The most likely consumer, but not a producer, is a preschooler. Unemployment insurance is extended to influence the behavior of consumers.
More Information
During recessions, unemployment insurance extensions aim to maintain consumer spending to support the economy.
Tips
A common mistake is confusing producers with consumers. Preschoolers do not typically produce goods or services.
Sources
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