Answer:
The number of people employed = 200
The number of people unemployed = 20
The number of people in the labor force = 220
Explanation:
a) Data and Calculations:
Population = 500
Population over age 16 = 400
Persons employed full-or part-time 200
Persons unemployed and actively seeking work 20
Persons who have quit seeking work due to lack of success 10
Part-time workers seeking full-time jobs 30
The number of people employed = 200 (full-or part-time)
The number of people unemployed = 200 (400 - 200)
The number of people in the labor force = employed and unemployed seeking work (200 + 20) = 220
b) A country's labor force is made up of employed persons (full-time or part-time) and persons actively looking for work. Some of the population who are not actively seeking employment may be kept of the labor force because of education or family responsibilities. These persons may return to the labor market later.
Explanation:
11.
Banks use depositors' money to make loans
12.
A central bank, such as the Federal Reserve in the U.S., will use expansionary monetary to strengthen an economy.
13.
Contractionary policies are macroeconomic tools designed to combat economic distortions caused by an overheating economy.
Real wages increased , because it can benefit you
Answer:
C
Explanation:
Mi money are highly liquid financial assets like checking account , cash and traveler's check while the M2 money are not as liquid when compared to M1, Example is , in addition to M1, savings , money market fund and certificates of deposit.
This means that whatever that impacts M1 will also impact M2.
Therefore , the transfer of $1000 for savings account will increase M1 by $1000.
Answer:
Quality modification
Explanation:
Quality modifications can be defined as changes that relate to a product's quality in terms of dependability and durability and are mostly executed by changes in the raw materials or production process and techniques.
