Answer: How does a nation's education system relate to its economic performance? Why do most workers with college degrees earn so much more than those without degrees? Understanding how education and training interact with the economy can help explain why some workers, businesses, and economies flourish, while others falter.
As the labor supply increases, downward pressure is placed on the wage rate. If employers' demand for labor doesn't keep up with the labor supply, wages usually fall. An excess supply of workers is particularly harmful to employees working in industries with low barriers to entry for new employees—that is, those with jobs that don't require a degree or any specialized training.
Conversely, industries with higher education and training requirements tend to pay workers higher wages. The increased pay is due to a smaller labor supply capable of operating in those industries, and the required education and training carries significant costs.
KEY TAKEAWAYS
O The knowledge and skills of workers available in the labor supply is a key determinant for both business and economic growth.
O Industries with higher education and training requirements tend to pay workers higher wages.
O Differences in training levels is a significant factor that separates developed and developing countries.
O An economy's productivity rises as the number of educated workers increases since skilled workers can perform tasks more efficiently.
Answer:If the suspect does not return to court or show up, the bail is forfeited, and court will issue a warrant for the defendant's arrest.
Explanation:
Bail is cash, a bond, or property which a suspect or prisoner pays to a court with a condition that the suspect will show up in court when requested or ordered to come to court .
If the suspect violates this condition that the bail isn't valid anymore.
A bail is paid so that a suspect can be released from pre trial detention.
This contract may be disaffirmed or rescinded under the
infancy doctrine which states that a minor can rescind the contract that was made
with an adult. A minor can do this by doing it in writing, but the contract can
also be disaffirmed due to the minor’s conduct or verbally.
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Schachter and Singer's study suggests that emotions are the result of both cognitive and physiological processes. According to their study, individuals respond in different ways to a shot of adrenaline and that will depend on the context they find themselves in. In this situational context, <u>if an individual is uninformed or misinformed about the effect of epinephrine and interacts with an angry person, he/she will show an angry response.</u>
Answer:
A
Explanation:
Many Chinese cities have dangerous levels of air pollution
