Answer:Substitution effect is greater than Income Effect
Explanation:
When there is increase in supply of labor as the wage rate increases then substitution effect dominates over Income effect.
on the other hand, When supply of labor decreases as the wage rate increases then income effect is stronger than substitution effect.
Here in this case with the increase in wage rate there is an increase in working hours. Therefore Substitution effect is greater than Income Effect
Over the next ten years, the world population will grow. Experts expect that there will be more older people in the population rather than younger one.
Increases in a population's or a dispersed group's membership are referred to as population growth. Around 83 million people, or 1.1% of the world's population, are added every year. From 1 billion people in 1800 to 7.9 billion in 2020, the world's population has increased.
There are currently 703 million individuals who are 65 or older, and by 2050, that figure is expected to increase to 1.5 billion. The UN DESA Population Division's most recent population estimates and predictions indicate that by 2050, 1 in 6 of the world's population, up from 1 in 11 in 2019, will be over 65.
To learn more about population, refer
brainly.com/question/16771589
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Answer: True
Explanation: India has a president. Not a Prime Minister.
Answer:
The correct answer to the following question will be "In-Group Collectivism".
Explanation:
- In-group collectivism becomes "the extent to which entities within their organizations or families demonstrate loyalty, pride, and cohesiveness"
- As certain, relational collectivism is expressed as an ideology in which collective unity is valuable and participants within the group are viewed as having equal representation.
Therefore, it's the right answer.
