Economics Foundations Unit 5 Portfolio Directions and Answer Sheet Paste CheckMyWork Link Here: Dire

Economics Foundations Unit 5 Portfolio Directions and Answer
Sheet
Paste CheckMyWork Link
Here:
Directions: Read
through the instructions for the portfolio carefully. Use this answer sheet to
complete the assignment. Turn this sheet into the Unit 5 Drop Box when it is
completed.
Part 1: Rethinking Lay-Offs (Worksheet available on the message board)
Read the article and then use it to answer
this question:

1.
Why is it not always in the best interest of companies to cut jobs to
save money?

Part 2: The Impacts of Unemployment
Explain how unemployment impacts each of the following groups
(either positively or negatively) using the table below. You need to have three examples for each group.You can refer to
your textbook (pp. 331-336) as well as Internet resources to help you with your
responses.

Laborers

1.

2.

3.

Businesses

1.

2.

3.

Government

1.

2.

3.

Part
3: Unemployment in a Changing Economy
Read pg. 351 of Economics: Principles in Action. Answer the following questions in
complete sentences.

1. Why are
some people jobless during periods of high employment?

2. How might
technological changes in the workplace affect the unemployment rate?

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