All categories

4 years ago

How can life expectancy and literacy rates affect the quality of labor in the economy?

1 answer:

3 0

First of all, let's talk about literacy rates...

If you were an owner of a business that had exceptional products to sell, who would you employ to sell those products? Would you employ those who are unable to draft out letters, write out advertising copy and speak to the public in a sophisticated manner, or the contrary? Let's say you had enough money to employ those that are powerfully literate... What would it mean for your business? Imagine being able to persuade venture capitalists to invest in your business at will. Imagine being able to inspire teams of people to drive your company to success. Imagine being able to promote your company's vision and interests through newspapers, television programs and radio broadcasts? Would you be able to fulfil your company's requirements without the use of great communicators? Great communicators are important for all businesses and they can even be vital for countries as a whole. When a country can communicate its ideas and visions effectively, it is capable of selling its products and services around the globe. It can even have overwhelming influence.

You might be interested in

True or False? Gross pay minus withholding equals take home pay

Galina-37 [17]

Gross pay minus withholding equals take home pay is F

3 0

4 years ago

Euclid acquires a 7-year class asset on May 9, 2019, for $176,500 (the only asset acquired during the year). Euclid does not ele

tatiyna

Solution and Explanation:

Calculation of Elucid’s cost of recovery deduction for the year 2019 and 2020

Cost of recovery deduction for 2019 = Assets value * depreciation rate for the first year

$=176500 * 14.29 \text { percent }$ ( it has calculated by using MACR table)

= $ 25221.85

Therefore, the cost of recovery of deduction in 2019 is $25221.85

Cost of recovery deduction for 2020 = Assets value * depreciation rate for the first year

$=\$ 176500 * 24.29 \text { percent }$ ( it has calculated by using MACR table)

= $42871.85

Therefore, the cost of recovery of deduction in 2020 is $42871.85

3 0

3 years ago

Creating a chart using a spreadsheet Chart Wizard involves four steps. Which is the first step?

ycow [4]

Making a line for ur chart i'm guessing

8 0

3 years ago

Read 2 more answers

If at a particular price level, real domestic output from producers is greater than real domestic output desired by purchasers,

Alexeev081 [22]

Answer:

B. Surplus and the price level will fall

Explanation:

If at a particular price level the real domestic output from producers is greater than real domestic output desired by purchasers it means that supply has outstripped demand and price has not changed.

If supply is greater than demand, there would be a surplus and prices would fall.

An increase in supply is shown by a rightward shift of the supply curve.

3 0

3 years ago

Discuss whether consumers will gain or lose from trade in the following cases below:________

anygoal [31]

Answer:

a. Gain

b. Lose

Explanation:

a. The consumers in Importing country will gain in a perfect competition because imports by the country will increase the variety of products available and in a perfect competition every seller have the equal chance to sell its goods, so in order to increase sales the sellers may reduce prices which will result in a gain for the consumers.

b. The consumers in exporting country will lose in a perfect competition because the country is exporting the goods to another country and so the country exporting the goods will be left with limited goods and due to equal demand the prices will remain same or may increase if demand is increased which will result in a loss for the consumers of goods in a exporting country.

5 0

4 years ago