Answer:
D: United States
Explanation:
Absolute advantage means (in basic terms) who can produce a product at lower costs.
Here it is shown that the United States needs far less worker hours to produce oil which means (without wages given) that it can be assumed that the United States produces it at lower costs due to the lower worker hours.
Answer:
Education
Explanation:
Education is a very important fundamental right for all in society. Education means learning something new. It is the process of inviting the truth and capability of a person. Education will encourage and give time for discovery to people.
This is a social process. This is called a living process rather than a future living process. So many of the educators act on people rather than focus on people. Education means to develop the potential in a person so that they can use that potential in carrying the subject forward.
<u>By using the given information the calculation is being given below:-
</u>
Adult population = total number of employed + total number of unemployed + those who are not in the labour force
Then it equals to 235654000
Labour force = total number of employed + total number of unemployed
Then it equals to 154925000.
Labour force participation rate = total labour force divided by the total adult population
Which equals to 65.7℅
Unemployment rate = Total number of unemployed divided by total labour force and multiply by 100. Which equals to 9.5 %
<u>
</u><u>Explanation:</u>
Adult population refers to the total average population of an adult in a nation.
Labour force refers to the total labour force available at a particular point in time.
Labour force participation rate is the rate which counts the number of labour force involved in the work.
Unemployment rate refers to the average of the total population who seeks for jobs but remains jobless.
All the above terms showcase the condition of an economy with respect to its population contribution.
Answer:
True
Explanation:
The Federal Government is composed of three distinct branches: legislative, executive, and judicial, whose power is vested by the U.S Constitution in the Congress, the President, and the Federal courts, respectively.