tag me twice in any Q to get a MEDAL for each person you do/explain. TOTAL= 9 medal-tags +this question. How does the unemployment impact each, give 3 examples to each one. Laborers- Businesses- Government-
Your question is a little vague... could you please clarify things for me? Do you mean, like, how a recession (and the accompanying unemployment) impacts the government through a decrease in money coming in (i.e. tax receipts) and increases the amount of money going out (from, for example, the "automatic stabilizers" such as unemployment benefits)?
Labors (A fall in the wage level as there are more willing to sell their services at a lower wage, unemployment would increase, Business (it would reduce their costs as labor can be found cheaply, more profit, Govt( unemployment means less tax revenue, and more unemployment benefits hence increase in expenditure)
I meant 3 examples for each, 3 for laborers, 3 for businesses, and 3 for gov. It's kind of weird, I'll medal you for this question anyway.
I can still help....
I already got the answer. I read the book, it basically asks the same thing from 3 different perspectives/views. like a chart type of thing. (Whatever.)
Oh, well, good work getting the right answer...
If you have the answer you should close the question...
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