Answer: The market for homes will be higher when there is increase in the amount of homes being built. In addition, the location of a house determines the cost of the house. For instance, a house located in an urban environment will cost more than the one located in a rural area. Irrespective of having the same components or features, the price will always vary.
Explanation:
Fort Myers is a commercial centre of Lee County, Florida. It is a major tourist destination in Florida. It is a metro city with job markets and a nice quality of live. Between 1994 and 2006, the prices of Fort Myers homes increased more than the rate of inflation. This is due to the quality of life and location of Fort Myers. An increase in the number of houses built increaseD the market for homes. This raised the price of houses higher than the inflation rate.
Answer:
Personally, I think that Adam Smith would criticize the capitalist systems of today, as these countries spend an enormous amount of resources on political and economic measures of social assistance (such as public health or subsidies for certain expenses). These expenditures in general, and especially the enormous amount of resources allocated to social welfare, are contrary to the theory of the invisible hand, by which markets and their mechanisms of competition are by themselves the only ones that benefit the population.
Answer:
Certificate of deposit
Explanation:
A certificate of deposit is one of the most common and safest investment mechanisms. It consists in depositing a fixed amount of money at a bank or any other financial institution that offers the service, for a fixed amount of time, and in exchange for a fixed interest rate.
Certificates of deposit are one of the safest investment options, but for the same reason, they are one of the least profitable. It is well known that one of the central principles of finance is that the higher the risk, the higher the profitability, and the lower the risk, the lower the profitability.
Answer:
make the visitor feel comfortable and visit with him or her until it is time for the visitor's appointment.
Answer: Somewhat less than 50%
Explanation:
Here is the complete question;
Suppose that a labor economist performs a statistical analysis on economywide worker wages using standard, measurable explanatory factors, such as job characteristics, years of schooling, and so forth. How much of the variation in worker wages can be accounted for by such measurable explanatory factors?
a. Somewhat less than 50%.
b. Somewhat more than 60%
c. Nearly 100%
d. About 0%?
The variables which are typically removed from the quantitative analysis of wages are those which cannot be directly measured, directly observed or normative in nature.
Chance plays a vital role in deciding ones wage, the type of job one applies for and gets, and the salary that can be gotten. Chance cannot neither be measured nor observed. Natural ability cannot also be quantified, observed or measured. These variables are also subject to normative judgement.
Based on this analysis, the measurable traits will account for less than 50% of total variation in the wages.