All categories

3 years ago

What are the five factors that affect the labor market

2 answers:

4 0

Supply and demand are influenced by the international market dynamics, as well as factors such as immigration, the age of the population, and the education levels. Measures also include productivity and participation.

atroni [7]3 years ago

4 0

Answer:

labor supply discrimination, unions, unemployment, labor demand.

Explanation:

The labor market, also known as the job market or employment market is the amount of jobs that are offered for a certain country or region, and it can be affected for a lot of factors, supply or the amount of labor offered, demand or the amount of people willing to take those jobs, discrimination, unions, and unemployment are 5 of those factors that can affect the labor market.

You might be interested in

A decrease in U.S. interest rates leads to: a. a depreciation of the dollar that leads to greater net exports. b. a depreciation

s344n2d4d5 [400]

Answer:

a depreciation of the dollar that leads to greater net exports.

Explanation:

The interest rate is considered "the price of money". When the interest rate is high, more dollar is demanded and appreciated, as economic agents can make a greater profit from buying US bonds (which pay interest-rate). Thus, the dollar becomes more expensive. compared to other currencies. Conversely, when the interest rate decreases, the dollar tends to depreciate against other currencies.

Exports, in turn, are associated with the value between currencies. When the dollar depreciates, it means that more dollars can be bought with the same amount of foreign currency. In terms of trade, this stimulates exports, as dollar depreciation makes American products cheaper for other countries. Consequently, the competitiveness of the American economy increases as a whole.

For example, imagine a foreign company that buys US smartphones. If the rate is 1: 1, ie 1 foreign currency unit buys 1 dollar. Now imagine the Federal Reserve lowering the interest rate by depreciating the dollar so that the new exchange rate is 1: 1.20, ie 1 foreign currency buys $ 1.20. For the foreign company it was cheaper to buy American smartphones, as the dollar depreciated against its currency. In contrast, for the US to buy (import) goods from another country is more expensive. Since the net trade balance is the difference between exports and imports, the economy tends to have a higher net export balance.

4 0

3 years ago

A party’s ______ contains its philosophy principles and policy positions.

aleksandr82 [10.1K]

A party's platform contains its principles, policies, and philosophy's. Hope this helps!

3 0

3 years ago

Which of the following is an INCORRECT statement regarding small claims courts?

xenn [34]

Answer:

The Correct Option is B: Generally, the parties have lawyers represent them in small claims court.

Explanation:

Small claim courts are small courts with limited jurisdiction to hear cases between two private litigants who are civilians. There are other judicial functions that may be bestowed upon small claim courts and hence they have different names in varying jurisdictions. In some areas they may call it magistrate court, while some areas may call it county court. Many states do not permit representation by a lawyer in small case courts. Because one thing these courts are known for is inexpensiveness.

6 0

3 years ago

Australia and the other nations of Oceania recognize that, due to their location, their economic success is STRONGLY linked to

VikaD [51]

Question 1:

ANSWER: Asian nations

Australia and other nations of Oceania are conveniently located just below the southeast Asian countries, thus this strategic location helps their economy in terms of trade and overall easier access to the resources in Asia.

A booming economy in the Asian countries would also give Australia a boost in their economy.

Question 2:

ANSWER: The climate is too harsh to support large cities.

Since Australia has a large geographical size, a large part of its interior is just mainly composed of desert or semi-arid climate. This type of climate is not an ideal living condition and therefore large cities would not be able to thrive in these areas.

This is one of the reasons why major cities are located at the edges of Australia.

Question 3:

ANSWER: Outback

The large interior of Australia with very few populations is often referred to as Outback. This term came from a concept existing as early as the 1800s about a "back of the country" which is commonly used to describe regions of land far beyond civilizations or dense populations.

This term has been used by journalists as early as 1869 and the term has stuck ever since.

Question 4:

ANSWER: Improving access to public libraries

Among the options, an improved access to public libraries would be the best investment that would help human capital. By doing so, many more people would be able to improve their knowledge or intellectual capacity therefore allowing them to gain more expertise on their jobs.

Question 5:

ANSWER: The harbor cities here serve as centers of trade, business, and communications.

This question is tricky since we just explained that most of Australia's interior have harsh climates; HOWEVER, it is worth noting that the other edges of Australia do not have unfavorable living conditions and the southeastern section of Australia is not the only habitable area.

Most of the population is just located here because of the harbor cities that allow the inhabitants to easily trade and do other businesses.

7 0

3 years ago

Identify the key difference between viking voyages of the 12th century to that of Columbus in the 15th century

k0ka [10]

Vikings didn't have a lasting impact while Columbus did by bringing people into contact. By the 12th century, the Vikings had terminated their raids. Columbus was a mean person while the Viking were not.

Seen the time lag between the two expansion, their differences were technical and motivation.The Vikings were raiders on sleek, fast, small boats. The Normans, wherever they went, they went to stay. Their fleet had grown in size and tonnage.

4 0

3 years ago