Q: The two sector model for income determination
A: An analytical framework of the economic theory that embodies stylized dynamic economies with the…
Q: Identity 6 characteristics of mixed economy and write extensively on them
A: Mixed Economy A mixed economy is a system in which the government and the private sector work…
Q: It is the part of the total population that has shown some level of interest in buying a particular…
A: Whenever a firm tries to sell a product or a service, it categorizes the buyers.
Q: Workers laid off for a predictable part of the year make up
A: There are 4 different kinds of unemployment as: Frictional unemployment cyclical unemployment…
Q: Disadvantages of a mixed economy
A: Mixed economy: The economy in which some parts are controlled by the private sector and some by the…
Q: How does agriculture contribute towards employment
A: In economics, the term "employment" refers to the condition of having a job or being employed.…
Q: Farm employment in the United States amounts to about what percentage of total employment? A. Less…
A: A. Less than 2 percent Option A is correct The agricultural and food sectors employed 19.7 million…
Q: 38. Investments in human capital do not include ... 1. The cost of education 2. Expenses for…
A: Since you have asked multiple questions, therefore, we will solve the first three questions for you.…
Q: Services are tangible product; activities provided by other people, such as doctors, dentists,…
A: In economics, goods are objects that are obtained at the end of the production process. A producer…
Q: Factor of production
A: Factors of production are those which are used in the production process.
Q: A full-time job usually requires less than 40 hours of work per week. True or false
A: The economy would consist of the total population which consist of the employed and the unemployed.…
Q: Asian immigrants were denied citizenship in the United States until 1952 until 1882 until 1924…
A: Immigration can be good for the economy or it can be a burden on the economy. For instance, if the…
Q: Production ...... a) is an individual activity b) is a social activity c) is a historical event…
A: Production is a process of converting raw material in to finished goods. A producer uses different…
Q: What country has a mixed economy?
A: Market Economy- it is a market system where production of goods & services is determined by the…
Q: dollars Government expenditure on goods and services 250 Compensation of 1,675 employees
A: Definition: Gross Domestic Product (GDP) is the monetary value or total market value of all goods…
Q: see yourself as a volunteer and discuss your skills and its contribution to the volunteer group
A: The economies around the globe tend to operate with the ultimate motive of enhancing the level of…
Q: The point system is one in which points are awarded for: the salary range that the person was…
A: The Canadian government has been welcoming potential immigrants from all around the world who can…
Q: How the State-Owned Enterprises and the Manufacture sector can improve welfare and employment?
A: The manufacturing enterprises help in modernizing agribusiness. Aside from this, manufacturing…
Q: The Temporary Assistance for Needy Families (TANF) program:
A: Temporary Assistance for Needy Families (TANF) has replaced the old Aid for Families with Dependent…
Q: percentage of poverty in each gulf country and does everyone get assistance ? or only poor please…
A: The national poverty headcount ratio is the level of the populace living underneath the national…
Q: Income redistribution a. may help some individuals, but does not increase social welfare. b. may…
A: Purchasing Power: The term purchasing power refers to the actual money strength that a person has.…
Q: Highest death facing country
A: Below is the information deduced from the graph: Number of death faced by Austria = 1200 Number of…
Q: Unemployed workers are willing to work at the wage employers pay their employees.
A: The labor force is the summation of employed workers and unemployed workers. The employed workers…
Q: State True or False: Although poverty is a problem in most areas of the world, relatively few people…
A: The economics refer to the study of allocation of scarce resources in the most optimal way, in the…
Q: Identify the role of government agencies to enforce equal employment opportunity
A: Until the US Civil Rights Act was passed in 1964, segregation in the workplace was an common norm.
Q: Calculate compensation of employees given:- Wages in cash = $33,000 Wages in kind = $11,000…
A: The data presented in the question above is:- Wages in cash = $33,000 Wages in kind = $11,000…
Q: The labor force is made up of all people who are at least 16 years old and are capable of working.…
A: The labor force includes the number of individuals/people who are employed and who are unemployed…
Q: ollowing govt. activities upon labor supply: ) Public health program i) Rehabilitation of disabled…
A: Labor supply is the availability of labor in the economy.
Q: HOW PER CAPITA INCOME IS CALCULATED ?
A: Per capita income can be defined as the amount an individual earns of a nation or a defined…
Q: State True or False: Since the 1970s, the gap between the rich and the poor in the United States has…
A: The income gap can be defined as the gap in the income of two groups of people which in the respect…
Q: oun
A: A communist state which is also being known as a Marxist–Leninist state, is a one party state being…
Q: Marcie wants to work as a freelance editor. She purchases a desk, computer, widescreen monitor, and…
A: Resources signifies the services or other assets that are employed to make final goods and services.…
Q: Physical capital is the factories and machinery used to produce other goods and services. ● ● ● ●…
A: Actual CAPITAL or physical capital ARE THOSE PHYSICAL INPUTS WHICH ARE FURTHER USED IN THE…
Q: Merck is a multinational American company, headquartered in the US Steve is an American citizen who…
A: Multinational companies are those companies who operates or do businesses more than one nations .
Q: Which is considered a factor of production? Multiple Choice O service knowledge bonds competition
A: Factors of production:- The factors of manufacturing refers to the materials that make up the…
Q: Characteristics of labour
A: A person or a group of people who perform physical work for reward for example loading/ unloading of…
Q: An investment in human capital can:HW PE A. improve the productivity of a worker. B. improve the…
A: Human capital refers to the skills,knowledge,expertise that is embodied in an individual. It is…
Q: 011,000 070,500 51,500
A: Future worth is the worth of a resource at a particular date. It estimates the ostensible future…
Q: greater than; greater than greater than; less than less than; less than equal to; equal to less…
A: The market prices of X=$20 The market prices of Y=$50 The consumer has to spend=$500
Q: expalin important of training related legislation in meeting South Africa training and development…
A: Training legislature is the framework created in South Africa in order to improve the level of…
Q: geographic area with high population density that contains a set of closely related activities *…
A: Rural Area: The rural area is the area where people density is very less and people live in open…
Q: Component of agriculture
A: Agriculture economics is the study of agricultural practices, situations, and policies from a…
Q: If you make $83200 in Alaska, how much would you need to make in Arkansas to keep the same standard…
A: To keep the same standard of living real income should be same in both region . The given…
Q: sixth worker. fourth worker. third worker. second worker.
A: Wage is the income earned by the labourers in return for their factor of production (labor) offered…
Q: healthy work/life balance
A: Work–life balance is the equilibrium which lies between the career work and personal life.Stress is…
Q: G Product K Households M Factor
A: The product market is the place where final goods or services are sold to firms and the public…
Step by step
Solved in 3 steps
- Programs, such as education and on-the-job training, that improve labor productivity are unproven. worthwhile but not taxable. expensive investments. investments in human capital.Meation 5 Developing countryProductivity is measured as The dollar value of a worker’s hour of work. An increase in the GDP of a nation. The change in total production over time. The number of hours of work per month per worker.
- Productivity is measured as Group of answer choices The dollar value of a worker’s hour of work. An increase in the GDP of a nation. The change in total production over time. The number of hours of work per month per worker.Farm employment in the United States amounts to about what percentage of total employment? A. Less than 2 percentB. About 8 percentC. About 15 percentD. Close to 20 percentimprovement in the productivity of labor will tend to