Answer: C
Explanation:In economics, a backward-bending supply curve of labour, or backward-bending labour supply curve, is a graphical device showing a situation in which as real (inflation-corrected) wages increase beyond a certain level, people will substitute leisure (non-paid time) for paid worktime and so higher wages lead to a decrease in the labour supply and so less labour-time being offered for sale.[1]
The "labour-leisure" tradeoff is the tradeoff faced by wage-earning human beings between the amount of time spent engaged in wage-paying work (assumed to be unpleasant) and satisfaction-generating unpaid time, which allows participation in "leisure" activities and the use of time to do necessary self-maintenance, such as sleep. The key to the tradeoff is a comparison between the wage received from each hour of working and the amount of satisfaction generated by the use of unpaid time.
Such a comparison generally means that a higher wage entices people to spend more time working for pay; the substitution effect implies a positively sloped labour supply curve. However, the backward-bending labour supply curve occurs when an even higher wage actually entices people to work less and consume more leisure or unpaid time.
September 28, 1781 – October 19, 1781
Huh? if we’re talking about the presidential election it’s already been concluded and biden won
Answer:
Malaysia
Singapore
Vietnam
Explanation:
The world's leading producers of semiconductors is Malaysia. The leading company would Samsung, the headquarters of which are located in New York, but Malaysia comes close.
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Singapore has become a leading financial center. There are other financial centers too which come under the domain of Global finance Centers Index.
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Vietnam consists of primarily low-wage and low-skilled jobs. People from different countries are recruited to Vietnam for employment purposes and vice versa due to low wages in the country.
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Answer:
D) He believed it should be financed with money from the national transportation system.
Explanation:
The American System was an economic plan written by Henry Clay and other leaders, John Calhoun and John Quincy Adams, with the goal of improving and unifying the American nation. The program consisted of many measures, such as tariffs to protect the factories of America, creating a national bank with a single currency to facilitate trade and develop the infrastructure of the country as well.
These tariffs would raise funds so that internal improvements could be made, transportation would be one of them. He suggested that the national transportation system should be funded by the national transport system
