Ask your own question, for FREE!
Economics - Financial Markets 19 Online
OpenStudy (solomonzelman):

I am trying to get some help almost hopelessly! Tag me 1 time to get a medal in a Question, per person that you answer for me!

OpenStudy (solomonzelman):

How does the unemployment impact Laborers, Businesses, and Government. Give three examples for each. @woohoo

OpenStudy (anonymous):

Laborers are affected directly by unemployment. Those who have lost their jobs have lost income and benefits or they are forced to do more work just to keep their jobs. Businesses are effected because of the loss of production, incentives, and workers. Government is affected in loss of tax revenue and increased spending on unemployment benefits!

OpenStudy (anonymous):

It affects Laborers in that there tax they pay goes to the unemployed for welfare system, we have much of that today with such a horrible economy. It affects business because when there is a high unemployment rate the there are less people buying product and it affects business a lot. And its affect government in a way they have to spend the taxes they receive on welfare program helping the unemployed so our taxes verged to something else to help us into helping others.

OpenStudy (anonymous):

Cycles always work with the right people :P

OpenStudy (solomonzelman):

Nice!

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!