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QUESTION 1: Can you do some research on the government sponsored unemployment practices in Scandinavian countries and post your findings here.
QUESTION 2: An auto worker is vacationing in Florida during the layoff period, before the production of new models begins next month. He does not know for sure whether he will be called back to work when this happens, and he looked for a new job last week. Would he NOT be considered unemployed? What about a college student actively searching for a summer job. And how about a construction worker who has given up looking for work after 18 months without a job. Finally how about a retiree actively looking for part-time work to supplement Social Security income.
This document contains various important questions and their appropriate answers in the subject field of Economics.
Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.
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