Answer:
True
Explanation:
Unemployment rates in large African cities is very high not because there are no available jobs but because of frictional unemployment. Frictional employment happens when someone quits his old job and starts searching for a new and hopefully better job. The poor farmers in Africa are quitting their farming jobs and moving into the cities to look for better jobs.
You don’t ask to be born but are expected to do everything asked of you
Answer: one key indicator that Carla could look at is the inflation rate.
Explanation:
The inflation rate is a really important factor when economists want to assess the economic state of a nation.
Money is functioning as a medium of exchange. Money makes transactions easier, instead of having to barter for items, you can complete transactions through the usage of money.
Money serves three primary functions unit of account, store of value and most important medium of exchange.
Answer:
The contribution per machine hour for wales = $17 per hour
Explanation:
contribution per machine hour is the contribution margin divided by the number of machine hours used for the equivalent production.
Contribution margin on the other hand, is the aggregate amount available on the sale of a product, after all the associated variable costs have been deducted.
The contribution per machine hour = contribution margin ÷ machine hour
Contribution margin = selling price - variable costs
For wales; selling price = $32; variable costs = $15; machine hour = 1 hour
∴ contribution margin per machine hour = (32- 15) ÷ 1
= 17 ÷ 1 = $17 per hour.