wave is your answer have a good day
It is important because it helps us decide how to act in the future. If we understand their people, we can work with them and make intelligent deals with them. If we understand their history, we can make better choices with how to move forward, since we’ve seen how they act in different situations.
The Dutch, Swedes, and Finns were the first European settlers in New Jersey. Bergen, founded in 1660, was New Jersey's first permanent European settlement. In 1664 the Dutch lost New Netherlands when the British took control of the land and added it to their colonies.
Answer:
Both are true statements
Explanation:
1st Statement: Changes in the age composition of the labor force will affect the natural rate of unemployment, Yes i agree with this and the example given is a typical scenario for this, Most employers always have age limit or set age barrier when recruiting e.g The clause of must not be more than 26yrs of age, what if the number of youthful workers which applies for these kind of jobs are more than 26 years, it just automatically increases the rate of unemployment, most companies dont want to employ 30+ years of age, such age requirement are always rear and it will be tied to an experience that is needed. so the above statement is true.
2nd statement: An increase in minimum wage can also affect cyclical unemployment, As most companies might not be able afford to make such increase which will can definitely increase cyclical unemployment. So this is tied to the income and affordability of some organizations, so organizations might even sack some to afford the increase in minimum wage , with this, the rate of unemployment has increased, So yes i agree that this statement is true.
