Workers who are part of the ______ economy in most cases are subject to lower wages and minimal benefits

Q: To measure the vital signs - or indicators of the strengths or weaknesses of an economy include…

A: Strength and weaknesses is the part of the economy,  Strength of the economy means economy moves…

Q: Is it possible to protect workers from losing their jobs without distorting the labor market?

A: A labor market distortion refers to the establishment of a market equilibrium occurring not from the…

Q: Which of the following are myths about the U.S. economy? Check all that apply. A. The United States…

A: The tax revenue in America is around 24% of GDP and America is the largest consumer market.

Q: ural poverty in Thailand and philippines

A: Poverty is a state where people of the country have no money to buy necessary items.

Q: Which statement is TRUE regarding a country with a very large informal economy? The burden of taxes…

A: In case of large informal economy in any country just like in India government has not data to…

Q: A rising GDP, rising unemployment rate, and rising inflation rate signify a healthy economy. True or…

A: The gross domestic product (GDP) is a metric for determining the economic output of a country.…

Q: An emerging country has a real GDP of $1553.1 billion. After one year, real GDP has grown to $1677…

A: Real GDP is the money value of all final goods and services produced in an economy corrected for…

Q: DISCUSS FIVE MOST IMPORTANT NON-ECONOMIC REASONS WHY THERE ARE A LOT OF POOR PEOPLE IN THE…

A: The Philippines is a country with abundant natural resources and a large workforce. However, despite…

Q: if a nation has a population of 100 million, a labor force of 60 million, GDP of $100 billion , then…

A:

Q: Describe some of the political and social tradeoffs that might occur when a less developed country…

A: In developed countries women are playing important role in economic growth by participating in…

Q: • The money sent home by workers who emigrate from a developing country can benefit the country as a…

A: International migration occurs when people cross state borders and stay in the host country for a…

Q: A middle-income country... Question 2 options: Has a per capita GDP between $1,025 and…

A: The World Bank Group refers to nation-states with a per capita Gross National Income (GNI) within a…

Q: olitical freedom can sometimes moderately reduce economic growth because A. campaign…

A: political freedom saves individuals from oppression and citizens are able to participate in…

Q: Standard of living of a country can be raised if it increases Labour force

A: To find : Which is reason for increase in standard of living of a country.

Q: GDP is a better indicator of economic growth and welfare than GNP because   a. indicates income from…

A: GDP (gross domestic product) of a country is the market value of all final commodities and services…

Q: A closed economy is a national economy that: a. Has extensive trading and financial relationship…

A: An economy that does not tend to swap its trading with the outside economies is known as a closed…

Q: If the total of a nation's imports are subtracted from the total of a nations exports, the result…

A: ANS If the total of the nation’s imports is subtracted from the total of a nation’s exports, then we…

Q: If receipts of factor income from the rest of the world exceed payments of factor income to the rest…

A: Factor income: It means the income received from the factors of production.

Q: When less output is consumed than produced during a given income period the national…

A: According to the given question In simple words we can say that initially the national wealth is…

Q: It is often said that the Chinese are more entrepreneurial than the Filipinos? Do you agree? Justify…

A: Entrepreneurial means someone who has creative business ideas and work towards achieving those ideas…

Q: Which of the following is related to the disadvantage of foreign direct investment (FDI) on…

A: FDI is long term investment or it is an investment that control the ownership of a firm. Usually the…

Q: One of the main challenges of Oman at present is. a. less participation of national labor in job…

A: Labor force participation rate is the ratio between the total labor force and the nation's total…

Q: It is possible for unemployment in a nation to reach 0%. True or false

A: When people who are willing to work and are able to work are unable to get jobs, then they are…

Q: Which of the following government policy will not have long term effects on the economy. Question 2…

A: The long term effect on the economy will make the Potential output or Long run aggregate supply…

Q: Good government programs for the development in science and technology can be seen outright

A: Government job in science and technology (S&T), albeit auxiliary to industry's, is no less…

Q: The economy experiences faster economic growth: a)Inflation decreases b)Inflation increases…

A: Economic growth represents a market behavior under which an economy is able to generate more income…

Q: Improvements in their productivity of labor will tend to

A: productivity of labor estimates the hourly result of a nation's economy. In particular, it outlines…

Q: Present an analysis that shows how an increase in labor productivity (perhaps from more investment…

A: Labor productivity shows how much output is produced in the economy in an hour. It incorporates the…

Q: improvement in the productivity of labor will tend

A: The productivity of labor refers to the number of goods and services produced by the labor at a…

Q: Why is China still poor in per capita terms despite having the second-largest economy in the world…

A: China has large number of population China comes at number 1 place in all the countries of the world…

Q: Which of the following represents people who are willing and able to work in an economy? a.…

A: In an economy, the measurement of employment and unemployment depends upon the population of a…

Q: Botswana   Honduras   Malaysia   Zambia

A: The rate of growth in real income per person from 1960 to 2010 is measured as below Rate of growth…

Q: The study of economics is very important because it helps to understand the causes of poverty and A…

A: Economics: The study of scarcity and its consequences for resource usage, production of products and…

Q: Potential GDP will be unaffected by A) productivity. B labor market regulation. c) technology.…

A: Potential GDP is the output produced when all the resources are efficiently utilized, that is when…

Q: Which of the following is TRUE? Group of answer choices Per capita purchasing power is a more…

A: The gross domestic product (GDP) measures the monetary value of all goods and services produced…

Q: Identify THREE public policies in Jamaica that can stimulate employment and facilitate economic…

A: Jamaica's economy is primarily based on services, which account for 70% of the country's GDP.…

Q: If economic output is increased by increasing the number of people working in the economy, then *

A: It is said that the economy increases it output , by increasing the labors in the economy .

Q: Less developed nations are dominated by primary industries with low value-added, and they have…

A: Less Developed Nations :  Less developed nations are those which have very low per capita income .…

Q: Identify whether each factor is more likely to be associated with a rich country (high real GDP per…

A: Since rich countries (high real GDP per capita) have better education and health infrastructure and…

Q: Earnings such as wages, interests and dividends by residents who are living in other countries are…

A: In an economy, the income of residents are counted while calculating national income.

Q: Does the "new economy" actually represent a new structure and culture for workers in the U.S.

A: New economy refers to high growth of industries, that uses modern tools and techniques and is…

Q: True/False: Basic GDP statistics do not reflect changes in the quality of products. Net exports =…

A: Note : Since you have posted multiple questions at a time , only the first shall be answered . So ,…

Q: Suppose country A has a GDP of 4000 with a population size of 200; country B has GDP of 9000 with a…

A: Here we calculate the which country is more likely have better living standard by calculating the…

Q: If GDP is £500 billion, receipts of factor income from the rest of the world are £25 billion, and…

A: Given information,  GDP:  £500 billion Receipts of factor income from the rest of the world: £25…

Q: Explain your understanding of a Mixed Economy. Give some examples to support your view

A: An economic system is a way for governments or communities to distribute and organise resources,…