Answer:
Both are true statements
Explanation:
1st Statement: Changes in the age composition of the labor force will affect the natural rate of unemployment, Yes i agree with this and the example given is a typical scenario for this, Most employers always have age limit or set age barrier when recruiting e.g The clause of must not be more than 26yrs of age, what if the number of youthful workers which applies for these kind of jobs are more than 26 years, it just automatically increases the rate of unemployment, most companies dont want to employ 30+ years of age, such age requirement are always rear and it will be tied to an experience that is needed. so the above statement is true.
2nd statement: An increase in minimum wage can also affect cyclical unemployment, As most companies might not be able afford to make such increase which will can definitely increase cyclical unemployment. So this is tied to the income and affordability of some organizations, so organizations might even sack some to afford the increase in minimum wage , with this, the rate of unemployment has increased, So yes i agree that this statement is true.
Answer:
a. 1/3
Explanation:
Although, this is a controversial topic and it is hard to state exactly how much income share the top 1% or how much of the United State's wealth rests with the wealthiest top 1% but, it can be said that approximately one-third (1/3) of the wealth remains with the top 1%. Also, some of the sources like Washington Post suggests that up to 40% of the wealth rests with the US top 1% households. Hence, given the options, 1/3 is most suitable.
Answer: Soft money is the type of funds which are not regulated by the federal election commission when the political parties receive funds from business and organizations.
Explanation:
Federal Election Commission (FEC) has the sole responsibility to monitor the operations of polling during campaigning activities of all the political parties. All political parties of the US nation have to incur huge expenses to propagate the party agenda as well as objectives in the time of the public campaign. But FEC has categorized the type of funds that can be sourced by the political parties.
Hard money is the source of funds that are audited properly and regulated by the FEC. While Soft money is also the source of funds that do not have appropriate accountability and also not fully regulated by the FEC. Soft money is fully sponsored by the corporate ventures to the political parties to get their support in time of need during the phase of political emergency requirement.
