Answer:
the gap between the poorest and richest segments of society in some OECD countries had widened.
Explanation:
A study published in 2011 by the Organisation for Economic Co-operation and Development (OECD) noted that the gap between the poorest and richest segments of society in some Organisation for Economic Co-operation and Development (OECD) countries had widened.
Answer:
It occur where MR = MC
Explanation:
Perfectly competitive organization or firm is the one who is price taker, which states that they must accept the price at which it sells the goods to consumer.
In a firm that is a perfectly competitive, the level of output as well as the price happen where the Marginal Cost is equal to the Marginal Revenue.
It is stated as MR = MC.
Interest in sustainability initiatives has increased in recent years, is a true statement.
<h3>What is sustainability?</h3>
Sustainability can be defined as using resources in a way that is available for the current generation as well as the future generations.This also means that the resources will not be depleted in the future.
The people are making sure that they use the resources in a more careful and efficient manner and do not waste any resources or pollute the environment.
There are various organizations like WTO that help spread awareness of this initiative.
Learn more about sustainability, here:
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Answer:
The correct answer is "option B".
Improving a widely used job-search website so that it matches workers to job vacancies more effectively
Explanation:
The demand for labor among cotton-producing Texas will firms in Texas will <u>increase.</u> This will happen because of the increase in world price leads to increment in wages.
The demand for labor among textile-producing firms in South Carolina, for which cotton is an input, will <u>decrease</u>. This is because cotton is an input. The increase in price of cotton increases the cost which reduces the profits which leads to less hiring of workers.
The temporary unemployment resulting from such sectoral shifts in the economy is best described as <u>frictional</u> unemployment.
Government measures to reduce frictional unemployment is:
<em>Improving a widely used job-search website so that it matches workers to job vacancies more effectively</em>
The option C is not correct, because, another measure that the government uses is to withdraw benefits to short-term unemployed. There would be a greater incentive for workers to find work quickly.