Discuss the Likely Impact of Each of the Following on the Unemployment

question 67

Essay

Discuss the likely impact of each of the following on the unemployment rate:
a.The length of time workers are eligible to receive unemployment insurance payments is cut in half.
b.The government passes a law making labor unions illegal.
c.The minimum wage is raised by 50 percent.
d.The government funds an Internet site where companies can post job openings at no charge.

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Definitions:

Latency Period

A stage in psychosexual development, proposed by Freud, occurring from about age six to puberty, characterized by a decrease in sexual interest and activity.

Psychosexual Stages

Freud's theory on the stages of psychological development in childhood, each associated with a different erogenous zone.

Anal Stage

In psychoanalytic theory, the stage of psychosexual development, from about 18 months to 3 or 4 years of age, in which the physical focus of the libido is located in the anus and associated eliminative organs.

Phallic

Relating to or resembling a phallus, often used in Freudian psychology to describe the developmental stage focusing on the genitals.