Brings income and makes the economy better
Answer: D. Discouraged Worker
Explanation:
a discouraged worker is a person of legal employment age who is not actively seeking employment or who has not found employment after long-term unemployment
Answer: Birth rates and death rates are high.
Explanation:
In industrialized countries the life expectancy is reasonably high, so it's false to state that the death rate is high.
Also in industrialized countries birth is controlled as against developing countries that don't really put birth control measures.
Answer:
The answers are,
1) Perfectly Identical
2) many
3)takers
4)false
Explanation:
Lettuce is a commodity that can't be differentiated much based on the product. It can be however, differentiated from branding, packaging, etc.
But since the Lettuce is a broad category, we can assume that it is a competitive market.
Perfectly competitive markets do not really exist in the real world and are more of a hypothetical scenario. However, knowing the concept allows businesses and governments to make sound economic decisions regarding production and consumption.
Answer:
Encouraging saving by allowing workers to set aside a portion of their earnings in tax-free retirement accounts
Explanation:
Productivity increases when human capital increases due to higher education and training, when physical capital increases due to higher investments or when new technological breakthroughs increase productivity.
By encouraging savings, investments will increase as well as physical capital which results in an increase in productivity.
