In terms of living standards, is the worker better off in 1975 or 2002? Justify your answer.

Q: The answer is good but I need more help. Can you differentiate between the economic well being…

A: Economic well-being is the total standard of living and degree of pleasure that people and families…

Q: Do you believe that globalization has created new problems and exacerbated existing difficulties for…

A: Globalization refers to the interdependence of many world cultures, demographics, and economy. It's…

Q: Is Income determined by the Scarcity of Your Contribution, and Not the Value of Human Worth?

A: ANSWER Scarcity refer to the basic economic problem- the gap between limited resources and limitless…

Q: How can we improve gender parity in employment?

A: Gender parity is considered to be a prerequisite for reduction of poverty, promotion of sustainable…

Q: why being poor is expensive? expand

A: The economics as an area of study deals with the use of resources in the economy, or society. The…

Q: Workers who are part of the ______ economy in most cases are subject to lower wages and minimal…

A: Economies: An economy is an enormous arrangement between related creation and utilization exercises…

Q: Full employment mean that everyone in a nation is working. True or false

A: Unemployment rate  is the part of labor force that is impoverished in terms of work opportunities.…

Q: What are the two essential ways to increase the wealth of a nation according to Smith?

A: Government and central bank are important for the economy. Some countries have certain resources in…

Q: Which one is considered a discouraged worker?

A: Discouraged worker is a term frequently used in context of umeployment data. Discouraged workers are…

Q: The MPs propose that we should eliminate the higher education debts of women. In line with the human…

A: Economy growth is made possible by human capital. Human capital growth in fields like science,…

Q: Which measure of unemployment attempts to include discouraged and underemployed workers? How much…

A: Disappointed job seekers who have stopped looking for work make up the marginally attached group.…

Q: What is the economic condition of the elderly?

A: An aging  or elderly population in the economy acts as a burden to the economy because it reduces…

Q: What happens to fixed income when per capita incomes increases

A: The measure that depicts total income being earned in an economy by the total population of the…

Q: Should the government replace the wages of anyone who is unemployed? How might this affect output…

A: If unemployed person paid by a fixed amount by the state or trade unions, is known as the…

Q: What services or benefits are provided by the Unemployment policy?

A: Unemployment is the state of being unemployed in which a person is looking for a job but cannot find…

Q: Unemployment persists in developed countries. Agree or disagree? Explain your answer by giving one…

A: Unemployment is a term referring to individuals who are employable and actively seeking a job but…

Q: How did the recession of 2008 effect the Mexican population in the United States? Are there any…

A: Immigration deepens ethnic and socioeconomic diversity, which could contribute to the development of…

Q: When state legislatures consider changes to unemployment benefits or tax rates or both,…

A: Lobbyists It refers to an individual or private group who works to influence the decision of the…

Q: It is possible for unemployment in a nation to reach 0%. True or false

A: When people who are willing to work and are able to work are unable to get jobs, then they are…

Q: What would have been an economic and social impact of the Baby Boom in the late 1940s and the 1950s?…

A: The answer is - The demand for teachers would increase for two decades.

Q: An economy can be considered healthy if the Real GDP Growth Rate is than the Inflation Rate.

A: GDP refers to the all final value of good and services produced in the domestic territory of the…

Q: How does demographic change affect the economy?

A: Answer - Affect of the demographic change on the economy :- 1. Labor force :- The younger…

Q: What is millennials?

A: Millennials is a group of people who is born in some particular specified time period. They have…

Q: State THREE specific reasons that could account for the differences in the unemployment rate in a…

A: To state the causes behind the unemployment in a developing economy and how it differs from the…

Q: The labor force is made up of all people who are at least 16 years old and are capable of working.…

A: (Q) The labor force is made up of all people who are at least 16 years old and are capable of…

Q: When the economy is at full employment, is the unemployment rate at zero percent? Why or why not?…

A: By the unemployment rate, it can be understood that how many people are not getting the job while…

Q: ow has the corona virus effected unemployment in the U.S.?

A: The unemployment is a situation, in which a person is ready and able to work, but unable to find a…

Q: Who are Baby Boomers?

A: Economics refer to the study of allocation of scarce resources in the most optimal way, when the…

Q: What is the implication of an aging population on a country's economy?

A: An aging population implies that a country's majority of population is heading towards old age which…

Q: senior positions is a primary economic activity?

A: Activities that are included in primary economic activities which are related to mans natural…

Q: How is migration measured

A: Meaning of Macroeconomics: The term macroeconomics refers to the situation of economic and…

Q: what are the privilages of familial capital

A: Along with the incomes that a person earns in his/her lifetime, some other kinds of wealth make…

Q: recently read an article that concluded that, when adjusted for inflation, paychecks today have…

A: Inflation refers to the overall increase in the price level in the economy. The increase in the…

Q: If the real value of something is what people will pay for it, if it is not marketable, how do you…

A: If the real value of something is what people will pay for it, if it is not marketable, how do you…

Q: Are poor people generally qualified for decentpaying jobs, or do they lack the skills?

A: Many poor people are not able to afford the tuition fees of higher educational institutions that…

Policy Instruments for Environmental protection

Policy Instruments for Environmental Protection link policy development and decision making to policy implementation to protect the environment and promote sustainable development. Economic growth brings great risk to the environment and often puts increased pressure on environmental resources. But it is the responsibility of the policymakers to ensure that the risk caused to the environment through developmental projects is kept in check. Environmental protection is central to sustainable development. They can be both beneficial and equitable. Environment protection policies can be used to deter environmentally damaging activities. They also improve social equity and raise revenue.