Answer: A country where minimum wage is set at 1% of median wage.
Explanation:
The minimum wage is the lowest income that employers can pay their employees.
The median wage is the midpoint of wages earned by workers in the society. Workers who earn median wage implies that half of the workers in the economy earn more than them and the remaining half less than them.
From the portions given, unemployment will mostly occur in a country where minimum wage is set at 1% of the median age. For example let's assume the median age is $10 per hour in the United States. This implies that minimum wage will be $0.1. Nobody will really want to work for an amount which is so low which in turn, leads to great unemployment.
<span>An example of a young and successful entrepreneur
Mubarak Muyika of Kenya. AT age 20 years old, he founded Zagace Limited is a
software helping companies evaluate their inventory: accounting, payroll, stock
management, marketing, etc. Next is Bheki Kunene of South Africa. AT age 27, he
founded Mind Trix Media providing jobs and a profit.</span>
Answer:
The correct answer is Sin tax.
Explanation:
A sin tax is a state-sponsored tax that is added to products or services that are considered vices, such as alcohol, tobacco and gambling. These types of taxes are collected by governments to deter individuals from participating in such activities without making the use of the products illegal. These taxes also constitute a source of revenue for the government.
The answer is; "when oil firms have bid against each other to move their oil through existing pipelines,then the market prices of pipeline services have increased substantially".
In economics, market price refers to the economic price for which a good or service is offered in the market place and it is of intrigue primarily in the investigation of microeconomics. Market value and market price are equivalent just under states of market effectiveness, harmony, and sane desires.
You have to be 18 ( i think)
