College graduates are a segment of labor. This is because college is providing the needed resources to produce these graduates who will have the necessary skills needed to perform much-needed tasks for different companies. Therefore, filling open job roles and contributing to the countries labor force. So the colleges are basically outputting more labor as part of their production.
Price ceilings prevent a price from rising above a certain level. When a price ceiling is set below the equilibrium price, quantity demanded will exceed quantity supplied, and excess demand or shortages will result. Price floors prevent a price from falling below a certain level.
The New Deal was responsible for some powerful and important accomplishments. It put people back to work. It saved capitalism. It restored faith in the American economic system, while at the same time it revived a sense of hope in the American people
Answer:Developing countries are different from least developed ones as developing countries are forwarding in the path of development by developing each and every sectors,in the contrary;least developed countries don't even try to carry out developmental works.
The mandate system was a mechanism set up by the League of Nations after WW1, allowing the victorious powers to govern enemy colonies until the natives were fit to rule themselves. The colonies were called 'mandates', while the country ruling it was referred to as the 'mandatary'.
