The supply of labor is the relationship between the quantity of labor supplied and the real, or inflation-adjusted, wage rate when all other influences on worker's plans to work are held constant.
A basic economic notion called supply refers to the total amount of a particular commodity or service that is made available to consumers. When shown as a graph, supply can refer to the quantity that is offered at a particular price or the quantity that is offered over a range of prices.
In terms of economics, supply refers to the quantity of items that a person or firm offers to the market, which is equivalent to the total amount that they produce at one particular time. For instance, if Apple produces 100 iPhones, then this is the quantity that is sold.
The following are included in a supply of goods: the agreement-based transfer of property rights over things. the commission-based sale of tangible things by an auctioneer or agent acting under his or her own name but following another person's instructions. delivery of items under a hire-purchase agreement.
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The legislative branch can:
- Oversee the US Government Printing Office and coin more money.
- Create, alter, or repeal laws: The objective of the legislative branch is to make national laws.
- Assess and regulate taxes: The legislative branch's ability to tax appears in the US Constitution.
-Declare war on China: Only the legislative branch can declare war.
The correct answer is B. Increasing
Explanation:
In sociology, poverty occurs when an individual or a group of people are unable to pay for basic elements such as food, clothes, and housing and therefore basics need are not fulfilled or at least not completely satisfied. Poverty rates vary according to the country or zone, but also according to different groups in society. In the case of elderly, this is a group in society that is at risk of experiencing poverty due to lack of job opportunities, lack of saving and health issues that stop them from working. Because of this, it is estimated in the U.S. a decade ago around 9% of elderly people living in poverty and unfortunately, in the last years, this percentage has increased to around 15% mainly due to the economic recession the U.S. experienced during the 21st century along with programs and laws that have increased taxes. Therefore, today the poverty rate of the elderly in the United States is mainly increasing.
