1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Dmitriy789 [7]
3 years ago
11

How does a low unemployment rate affect a nation's economy?

Social Studies
2 answers:
IgorC [24]3 years ago
5 0
If everyone has a job, then the production and sales of goods and services rise, which means that the GDP rises. That means that the economy is becoming stronger and stronger.
Phantasy [73]3 years ago
3 0

Labor is one of the factors of production used by all the productive spheres of an economy and its demand depends on the type of production activity.

 Some activities are labor-intensive and others are more intensive in inputs and technology. However, in all activities there is a combination of human capital and inputs that is used. This combination, when it reaches the maximum, exhausts at least one of the factors of production, and we say that the economy is close to potential GDP.

Potential GDP is a concept where the production of a country operates to the maximum, that is, producing at the limit of its installed capacity. In this way, low unemployment rates mean economic warming and high production, that is, the country is growing.

You might be interested in
What does GDP mean? according to the graph what was the 2017 GDP in brazil
Verizon [17]

Answer:

Gross Domestic Products

4 0
2 years ago
Read 2 more answers
Is this statement true or false?
Mrac [35]

Answer:

true,

Explanation:

proponents of command economies argue government control rather than private enterprise can ensure the fair distribution of goods and services

6 0
1 year ago
How do you collaborate effectively to prepare for final exams??
Paladinen [302]
You could collaborate effectively to prepare for final exams by thoroughly understanding the exams material. There are various methods that you could do to understand the exams material thoroughly<span>. The most effective way is to organize a study group. This provides an exchange of understanding between you and your study partner.</span>
3 0
3 years ago
what items were commonly traded in North and West Africa between a.d 1000 and 1500? why did these items become so widely traded?
TiliK225 [7]
The correct answer is Salt

Salt was valued higher than gold or anything else because it is necessary for the survival of people yet salt was nowhere to be found.
4 0
3 years ago
A career cluster can be defined as all of the following, except __________. (Points : 3) a collection of jobs that calls for a s
S_A_V [24]
A career cluster is a collection of jobs that require similar skills and which typically are in the same field: these are jobs that one can consider changing to from the job that one already has.
let's look at the options one by one:

a collection of jobs that calls for a shared set of skills
-yes, this is what I said before!

 a <span> category of paid positions that exists within the same company
-no, positions in the same company don't require similar skills. For example, a company might employ a programmer and a Spanish translator. This is the correct answer!

 a set of jobs that involves common technical training
-this, too is a career cluster

 a group of occupations that requires the same educational background
-also a career cluster
</span>
5 0
3 years ago
Other questions:
  • Often, when groups that speak different languages have constant interaction with each other in a given space, their languages wi
    11·2 answers
  • Identify the specific purpose statement for a persuasive speech: A. My audience will understand the benefits of music therapy fo
    11·1 answer
  • Movement from a teacher-directed learner to an autonomous learner is called a. academic transformation. b. academic maturity. c.
    6·1 answer
  • How did the government in asia approach regulating business
    13·1 answer
  • Individuals have a stronger voice in public policy when they
    9·1 answer
  • "Officer Smith believes her role is to maintain order on her beat by arresting criminals. According to Broderick, she would be c
    15·1 answer
  • Katie can decorate 5 cookies in 15 minutes. How long will it take her to decorate 12 cookies?
    11·2 answers
  • Maddie is in her mid-30s and has a flourishing career. She feels competent and successful owing to the knowledge and experience
    11·1 answer
  • True or False: The Santa Fe Trial was established in 1821 and initiated trade between Santa Fe and Los Angeles. *
    7·1 answer
  • Why do we need skilled human resources for the development of the nation?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!