Answer:
1. The labor force = 65 (68 - 3)
2. The working age population = 79 (105 - 26)
3. The number of employed workers = 38 (25 + 13)
4. The number of unemployed workers = 3 (11 - 8)
Explanation:
a) Data and Calculations:
Population in houses visited = 105
Number of children = 26
Number of adults = 79 (105 - 26)
Workers with:
Full-time jobs = 25
Part-time jobs = 13 38
Number of retirees = 10
Full-time homemakers 5
Full-time students, +16 12 65
Disabled people = 3 = 68
Unemployed = 11 (79 - 68)
Itemized deductions are thought to benefit more taxpayers because they can be claimed if the total is higher than the standard deduction.
You can deduct what you paid in real estate taxes, personal property taxes, state and local income or sales taxes, mortgage interest, and disaster losses when you itemize your deductions. You can also count charitable contributions and a portion of the money you spent for health and dental care.
If you itemize your taxes, do you get a bigger refund?
The standard deduction may be exceeded by itemized deductions. The more you may deduct, the less tax you'll owe, which is why some people itemize their deductions because the sum of their itemized deductions exceeds the basic deduction. There are numerous deductions that could be made.
To know more about itemized deductions
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Answer:
Respect.
Explanation:
Execution of a project according to the intended plan is very crucial to ensure the success of the project. In order to effectively execute the plan, it becomes crucial to display 'mutual respect and decency' between all the participants as it not only helps in preventing any kind of dispute or conflict in the team but also keeps the entire team focused and motivated to give their best. It develops a positive work environment by accepting each other's individual differences and going together as a team instead of a group of individuals.
Answer: Option C
Explanation: In simple words, inelastic demand refers to a situation when the demand of the buyer does not change as per the price of the commodity. Thus, the price does not increase or decrease with decrease or increase in demand.
Hence the farmers should decrease the supply as there would be no profit for them to supply a product that has an inelastic demand.
Answer:
Produces products that are considered elastic
Explanation:
Technological changes is one of the key determinant of the supply and we know that technological advancement in the production of a particular commodity will lead to increase the production level of the firm. This will lead to shift the supply curve rightwards, which increases the equilibrium quantity and decreases the equilibrium prices.
Hence, if the demand for the products is elastic then the total revenue of the firm increases because this firm has the more quantity effect than the price effect, so this will increase the firm's profit.
