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Unemployment and inflation

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Reference no: EM132488698

A. Unemployment and inflation
1. Set forth and describe 2 benefits from providing unemployment compensation to people out of work.
2. Set forth and describe 2 detriments from providing unemployment benefits to people out of work.
3. From what you set forth above, do the benefits outweigh the detriments or do the detriments outweigh the benefits? Explain.
B. Assume you work for an organization that increases your salary every 6 months to keep up with the rate of a rising inflation. As a consumer, explain if these salary adjustments are sufficient to keep you equally well off, better off, or worse off due to the inflation.

Reference no: EM132488698

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