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

2 answers:

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.

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Can someone give me an acrostic poem for the declaration of independence. Like this:

tresset_1 [31]

D-Document
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C-Caesar Rodney
L-Lyman Hall
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A-Assent
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O-Official
F-??

I-??
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3 years ago

What form of exchange is most commonly used in the United States today? Market exchange, balanced reciprocity, redistribution, o

elena-14-01-66 [18.8K]

The form of exchange that is most commonly used in the United States today is option B. balanced reciprocity. The balanced reciprocity refers to the exchange of something with the expectation that another of same value will be returned within a certain time frame.

<h3>What is reciprocity?</h3>

In cultural anthropology, reciprocity means the non-market exchange of goods or labour ranging from direct barter (immediate exchange) to forms of gift exchange where a return is eventually expected (delayed exchange) as in the exchange of birthday gifts.

Therefore, the correct answer is as given above.

learn more about balanced reciprocity: brainly.com/question/15558265

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2 years ago

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PtichkaEL [24]

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3 years ago

Under the ____, the Federal Communications Commission responded to appeals from the Justice Department by requiring providers of

AleksAgata [21]

Under the <u>communication's assistance for law enforcement act,</u> the Federal Communications Commission responded to appeals from the Justice Department by requiring providers of Internet phone services and broadband services to ensure that their equipment accommodated the use of law enforcement wiretaps.

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<u>Explanation:</u>

The communication assistance for law enforcement act in short ''CALEA'' , it is also known as the digital telephony act, it is a law passed in 1994. It is an ability of law of enforcement to conduct lawful into section of communication by requiring that telecommunication carriers and manufacturing of telecommunication equipment, facilities and services to build the capabilities for targeted agencies to selectively any telephone traffic.

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3 years ago

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Papessa [141]

The result of the isolation of the Australian continent for millions of years was because the continent has no fossil record of species evolution.

The supercontinent Pangaea was believed to exist in early times and incorporated all the landmasses on Earth

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The theory of continental drift does applies to Australia continent as well because it is believed the continent moves away and isolates from the supercontinent Pangaea

Hence, the Option A is correct because the result of the isolation of the Australian continent for millions of years was because the continent has no fossil record of species evolution.