3 Things & Unemployment

These two mini-assignments must be completed before moving onto the Fiscal Policy Assignment. Please record your answers on one piece of paper with the names of both you and your partner on it. 3 Things and Unemployment are due by the end of the class Wednesday, May 2nd.

3 Things (15 pts)

• Locate 3 things that the national or state (MI) governments have done to try and stimulate the economy the past few years.

–Identified 3 things (3 pts)

•Provide citation for your sources (3 pts)

•Give brief explanation of what was done, when, & why (9 pts)

Unemployment (5 pts)

1.What is the national unemployment rate?

•Has this rate been increasing or decreasing over the past few months? (2 pts)

2.What is the Michigan unemployment rate?

•Has this rate been increasing or decreasing over the past few months? (2 pts)

3.How do current unemployment rates compare to rates during the Great Depression? (1 pt)