I don’t understand this Economics question and need help to study.

Overview

People need income in order to consume, and consumption leads to production, and production leads to higher demand for labor (employment), so unemployment is a crucial macroeconomic issue that confronts all modern economies. A lower unemployment rate, however, is not the end of the problem. The type of employment and the price of labor (wages) have to be sufficient for consumption (which is the major component of GDP) for the economy to be healthy. If wages are low or if the prices in the economy are high, consumption would be low and thus, production and demand for labor would be low as well. So high unemployment rate, high part-time employment rate for economic reasons, and low wages could have negative effects on economic growth.

Assignment Description

In this assignment, you need to analyze unemployment-related issues. You need to analyze only one issue (topic).

You are going to study the past trends, provide an overview of the current status, and provide solutions to overcome any problems related to the issue you are studying. You will use data, articles, and government reports to draw a clear picture of the current unemployment issues.

Some unemployment-related topics that you could choose from (choose only one topic) include the following.

Your research needs to be structured with consistent and clear thoughts. It also needs to be supported by facts and data. Your results need to be based on solid facts. Your conclusion and recommended solution need to be thorough and based on your findings and understanding of unemployment and GDP.

Writing Style and Page Number Requirements

Font Type: Times New Roman or Arial

Font Size: 12

Spacing: Double

Number of Pages: Six to seven pages, along with a separate Title page and a separate References page

Outside Sources and TurnItIn Report

Using External Sources: When you use information, facts, or data from external source (articles, news, facts, etc.) in your case study, you must properly cite the sources you obtain the information from using the APA format. A link to APA writing style resources is provided at the bottom of this page.

Content Originality and TurnItIn: The majority of the text in your case study must be your own words, thoughts, opinion, interpretation, and/or viewpoints. The rule is that no more than 20% of the text in your case study can be from outside sources. Make sure you review the TurnItIn score next to your submitted document to verify that it meets the 20% (or less) requirements.

If your submitted case study receives a TurnItIn score (percentage) more than 20% on the report, this means that more than 20% of the content of your case study matches other’s work and is not original. In this situation, you will need to revise the matching text (or a portion of it) in your case study and then resubmit your assignment. Then recheck the new TurnItIn score.

To summarize, 80% or more of your final case study submission should be your own words and 20% or less can include properly cited outside sources. The TurnItIn originality report highlights the portions of the paper that are not original and closely matches another source.

Structure and Requirements

Use tables, graphs, and figures to support your argument. You can find the latest unemployment data at www.bls.gov (Links to an external site.) (Bureau of Labor Statistics).