Question

Guaranteeing everyone in society the best healthcare would likely efficiency because people would healthcare. Paying laid-off workers unemployment benefits until they find a new job will likely efficiency because this would their effort searching for a job.

Answer 1

Guaranteeing everyone in society the best healthcare would likely decrease efficiency because people would have healthcare. If everyone had good, equal heathcare, they would be more likely to be 'laid back' due to having guaranteed healthcare whether they work hard for it or not. Efficiency would go down because they are not being penalized regardless for healthcare.

Paying laid-off workers unemployment benefits until they find a new job will likely decrease efficiency because this would lower their effort searching for a job. If a job were to pay laid-off workers until they find a job, they would be less likely to hurry and try to find a job and more likely to just 'ride it out' while they are still being paid unemployment benefits.

Answer 2

The information related to the healthcare should be explained below:

The following information should be considered:

• Guaranteeing everyone in society the best healthcare possible will likely increase equality and decrease efficiency.
• Paying laid-off workers unemployment benefits till they find a new job will likely increase equality and decrease efficiency.

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