1.What type of unemployment applies to each of the following:

a. Printers laid off due to drop in demand for printed catalogues and flyers as firms go the internet to promote an advertise their products.

b. Factory workers in the UAE laid off as the plants shut down and move to Japan and Mexico

If these situations occurred, How would you classify the unemployment? what solution would you suggest. (4+6=10 marks)

2.a. What business cycle stage are we experiencing currently?(1mark)

b. what are the different phases of business cycle?(1 marks)

c. What is happening during each phase of the cycle with: output, employment and inflation. (8 marks)