Section A:
1. Unemployed people are not able to make an economic contribution to the production of goods and services, neither are they able to purchase goods and services, putting an increased tax burden on those who are employed due to the fact that unemployed people do not pay taxes. More specifically, unemployed persons are normally defined as those persons who:
• Are 15 years and older; and
• Are not currently employed; but
• Are available for employment within the next two weeks; and
• Have taken specific steps during the last four weeks to find employment.

2. There are four main types of unemployment;
1. Frictional unemployment; arises when people leave one job straight away until a time as they do find alternative employment. This is not a major cause of unemployment.
2. Seasonal unemployment; occurs when certain types of jobs require workers only for certain times of the year, examples are the agricultural & tourism sectors.
3. Cyclical unemployment; is......

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Title: Economic Fundamentals
Approximate Word Count: 629
Approximate Pages: 3 (250 words per double-spaced page)

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