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slega [8]
2 years ago
8

Over the next few years, employers may face a severe labor shortage because ________. Group of answer choices there are fewer pe

ople entering the workforce than there are retiring baby boomers one-third of single mothers are not employed in the U.S. labor force there are too many nontraditional workers holding multiple jobs older employees are more family-centric than younger employees
Business
1 answer:
zaharov [31]2 years ago
4 0

Answer:

there are fewer people entering the workforce than there are retiring baby boomers.

Explanation:

Factors of production can be defined as the fundamental building blocks used by individuals or business firms for the manufacturing of finished goods and services in order to meet the unending needs and requirements of their customers.

The four factors of production are;

I. Land: this refers to the natural resources and raw materials extracted from the ground or grown in the soil e.g oil, gold, rubber, cocoa, etc.

II. Labor (working): this is the human capital or workers who are saddled with the responsibility of overseeing and managing all the aspects of production.

III. Capital resources: it includes the physical assets used for production of goods and services such as equipment, money, plant, etc.

IV. Entrepreneurship: it is intellectual capacity required to drive a business and the skills to develop an idea into a money making venture (business).

Over the next few years, employers may face a severe labor shortage because there are fewer people entering the workforce than there are retiring baby boomers.

This ultimately implies that, the number of people who are currently in the workforce is higher than the number of people that are being employed newly and as such keeping the labor force redundant.

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This is a personal question man

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2 years ago
Suppose the reserve requirement for the United States is 20%.
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<h3>What is Federal Reserve?</h3>

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Also, when the Fed wants to decrease the money supply, the thing that should be done will be to sell bonds.

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<h3>What is a fact finding process?</h3>

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Note that  All costs incurred of fact-finding are borne by the employer and the union and as such, The objective of <u>Fact-finding</u> is to gather data about project usability, costs, benefits, and schedules.

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Last year's goods and services.

3 0
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