Answer:
ill-treatment of Stuff
Poor Staff Compensation
Pressure that the stuff subdue to due to the growing industry and lot of work.
Some workers are required to work away from home and are not able to cope being away from families for a longer time.
Explanation:
Consider the factors that may <em>lead the workers to quit their jobs</em> in the <em>Accommodation and Food Services industry</em>.
Some of them include the following :
- ill-treatment of Stuff
- Poor Staff Compensation
- Pressure that the stuff subdue to due to the growing industry and lot of work.
- Some workers are required to work away from home and are not able to cope being away from families for a longer time
In a market economy, the factors of production are allocated by PRODUCERS AND CONSUMERS.
A market economy is a type of economy in which investment decisions about production and distribution of goods and services are based on the interplay of the forces of supply and demand which determine the prices of goods and services.
<h2>No. "Household production" does not contribute much to the GDP.</h2>
Explanation:
To arrive at the reason, first we need to understand the term "GDP" and "shortcoming"
Shortcoming means failure to meet certain expectations.
GDP: It is the snapshot of the economy which speaks about the production in certain period.
Since the household production does not come under market transaction and since GDP involves only market transaction, household production cannot be considered and thus it is not a serious reason for shortcoming of GDP.
Answer:
Alex is part of the labor force, John is also part of the labor force.
Explanation:
The labor force includes all those that are currently employed and those that are unemployed but searching for a job. The labor force does not consider the unemployed that are not searching for jobs.
With this understanding, Alex is part of the labor force because he applied to be a realtor. This indicates that even though he is currently unemployed and has not responded to interview requests from banks, he is interested in working as a realtor.
John is also considered to be part of the labor force, the only difference here is that he is now working part-time at the library, whereas, he worked as a full-time teacher.
Therefore, both Alex and John are part of the labor force
