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fomenos
3 years ago
15

Empirical estimates show that for men ____________________________. a) the income effect is greater than the substitution effect

b) the income and substitution effects are both large so that wage changes have no effect on hours c) the substitution effect is greater than the income effect d) the income and substitution effects are both small so that wage changes have no effect on hours
Business
1 answer:
disa [49]3 years ago
4 0

Answer:

a)- the income effect is greater than the subsitutuion effect

Explanation:

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Due to labor-market regulations that make it difficult for young workers to break into the labor force, Spain has the highest le
malfutka [58]

Answer: See explanation

Explanation:

a. offer a government subsidy for companies that hire long-term unemployed youth. = Reduce youth unemployment

In this case, since subsidy is given out to companies that employ long term unemployed youth, this will be a source of motivation to the employees which will in turn employ more youths and this reduces youth unemployment.

b. lower the age at which students can enter dedicated skills-training programs. = Reduce youth unemployment

This will also reduce youth unemployment as more students that is, more youths can enter can go into skills training programs which will lead to reduction of youth unemployment.

c. enable youth to leave high school at a younger age. = Increase youth unemployment.

When youths leave school at a younger age, this will mean that more youths would be looking for jobs and this will increase unemployment.

d. increase Social Security contributions by companies. = Increase youth unemployment

A rise in the social security contributions would lead to a rose in the youth unemployment.

e. increase the number of jobs that are covered by fixed-term contracts. = Increase youth unemployment

This will also bring about an increase in youth unemployment.

f. make it easier for companies to break fixed- term contracts to lay off workers. = Reduce youth unemployment

When companies find it easier to break fixed term contracts to lay off workers, this implies that the old workers in the organization would leave the organizations and more youths can be employed. This help in the reduction of youth unemployment.

g. encourage students to stay in the education system longer. = Reduce youth unemployment.

When students are encouraged to stay in the education system longer, thus helps to reduce youth unemployment.

4 0
3 years ago
Distribution Corporation collects 35​% of a​ month's sales in the month of​ sale, 45​% in the month following​ sale, and 20​% in
boyakko [2]

Answer:

The amount of cash that will be collected in July is budgeted: $227,500

Explanation:

In Distribution Corporation:

The amount of cash that will be collected in July is budgeted = 35% x July budgeted sales + 45% x June budgeted sales + 20% x May budgeted sales.

May budgeted sales are $ 150,000

June budgeted sales are $ 260,000

July budgeted sales are $ 230,000

July budgeted cash collected = 35% x $230,000 +  45% x $260,000 + 20% x  $150,000 = $227,500

8 0
3 years ago
Define central bank economics. ​
Alborosie

Answer:

A central bank is a financial institution given privileged control over the production and distribution of money and credit for a nation or a group of nations. In modern economies, the central bank is usually responsible for the formulation of monetary policy and the regulation of member banks.

6 0
3 years ago
How do the roles of a subsidiary general manager differ in a wholly owned subsidiary in a developed country versus a joint ventu
Rudiy27

For the wholly owned subsidiary, the general manager can follow the guidelines provided by the parent company without any complaints, in the other hand, a joint venture subsidiary manager have to take into consideration the will and ideas of the secondary partner and the parent company as he must keep both sides happy because both of them own the company and are decision makers.

A joint venture is a firm that is set up, owned and operated by two or more companies. A joint venture may be an equal partnership, or one of the partners may have a greater share of the business. A wholly owned subsidiary is owned by a single company that maintains control over it.

Be both wholly-owned and not wholly-owned, With a regular subsidiary, the parent company's ownership stake is more than 50%. A wholly-owned subsidiary, on the other hand, is fully owned by the parent. This means that the parent holds 100% of this subsidiary's common stock.

Learn more about business here: brainly.com/question/24448358

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1 year ago
The best way to help students improve their ability to write nonfiction
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Having them practice write everyday
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3 years ago
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