Read
Your textbook-Macroeconomics 13th Edition
Author: Rudiger, Dornsbusch, Stanley Fischer, Richard Startz-McGraw Hill Education ISBN: 9781259290633 Chapter 7: Unemployment
1) Discuss the differences in the unemployment patterns of adults and teenagers. What does this imply about the types of jobs (on average) that the groups are seeking?
2) A reduction in minimum wages during the summer months would reduce the cost of labor to firms, but it would also reduce the wage that minimum wage earners receive. a) Who would benefit from this measure?
b) Who would lose?
c) Would you support this program? 3) Starting in the early 1990s many U.S. firms downsized their operations. In your opinion, how did this affect the duration of unemployment? 4) In the manufacturing sector many workers who have been laid off later return to their original jobs. Does this mean that the workers failed to look for other jobs while they were unemployed? Forum Discussion assignment for each chapter will be worth 10 points
Estimated time 1 to 2 hours each week.