Wednesday, 12 February 2014

Whose responsibility is it to hand out unemployment benefits?

There are many kinds of groups and banks that do have the authority to handle unemployment benefits and hand them out. Central banks and the government may be an example who should handle these insurances. Central banks have the right to produce more money and control interest rates in banks. In addition, it holds the country's precious money. However the government may also have the right to distribute them because they are the ones who make the laws, control taxes. Since the government are the ones who control the taxes, and that the unemployment benefits come from those taxes, it is also possible for the government to handle it.

3 comments:

  1. Can you name other kind of groups that have the authority to handle unemployment benefits besides the government an central bank?

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    Replies
    1. another example of a group that have the authority to handle the benefits is the state

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    2. Can you give me two more groups?

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