In a small town of 100 people, there are 10 children under 16, 10 retired people, 60 people with full-time jobs, 3 people with part-time jobs, 3 full-time students over 16, and 4 full-time homemakers. The remaining people did not have jobs, but wanted them. What is the participation rate in this town? A. 63.0% B. 72.0% C. 81.1% D. 87.5%

Q: Which of the following actions is an example of an improvement in human capital?   A. Marcus hires…

A: Improvement in human capital or its formation is an effective way of increasing the productive base…

Q: vestments in human capital include all the following except A. attending college. B. saving money…

A: The human capital refers to the increase in human productivity and skills. Investment in education…

Q: Select one: O a. Producers in France would receive extra profit by adopting a labour-saving…

A: Labor refers to the physical and mental effort or work that individuals, employees, or workers…

Q: People who often create benefits for the minority and impose the cost on the majot"ity are called…

A: Interest Groups is a team of people who work on the behalf of shared interests through an…

Q: bespeaks (suggests) order and comfort. the inhabitants. The brothers Ashton have only 800 souls, on…

A: Industrialization is the interaction by which an economy is changed from a principally rural balance…

Q: 1.Choose one company (preferably local) and analyze the main economic activity of the company.…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Suppose the government runs fewer budget deficit and there is a decrease in the average household…

A: Here, it is given that government has fewer budget deficit, which influence the demand for loanable…

Q: 5. In Home and Foreign, there are two factors each of production, land, and labor used to produce…

A: Home and foreign countries have two factors used in the production process. Land and labor are the…

Q: Producer Farmer Miller Baker Price Paid For Intermediate Goods $0 $0.60 O $0.60, 50.06; $0.66 50.80,…

A: Value Added refers to the final value of the product less the value of intermediate goods used in…

Q: Which of the following best represents the distribution of labor in modern economies? A. 1/3…

A: According to the modern economists sees the economics as a science of efficiency and growth that…

Q: In a competitive market economy, how is the distribution of income primarily determined? a.By the…

A: Perfect competition refers to the type of market where there are a large number of producers and…

Q: For an economy described by the production model where labor's share of income is constant and equal…

A: According to product exhaustion theorem,  Y = (?f/?L)*L + (?f/?K)*K ……..(i)  where,  (?f/?L)*L =…

Q: 25- 20 15 10 10 20 30 Good A 40 50 O A. Additional capital is raised. B. More workers and workers…

A: Production Possibility Curve represents different combinations of two goods that can be produced in…

Q: In economics, what is any payment of production in excess to the cost needed to bring that factor…

A: Out of the given options, investment is not a payment for factor of production. Creation of economic…

Q: Suppose that the share of population employed in Country B is 60 percent, and that Countries B and D…

A: GDP per capita which is considered an indicator of a country's standard of living, is calculated by…

Q: On your diagram, illustrate and explain how the wage increase can lead them to have: more…

A: An indifference curve is a graphical representation used in microeconomics to illustrate the…

Q: The figure shows the cost of college for high- and low-productivity workers. Based on the college…

A: Productivity has a positive relationship with the wages of the employees. Once an employees starts…

Q: 4. As capitalism emerged why, from the perspective of the capitalist, were the inherited forms of…

A: Capitalism: It is a form of market structure or an economic system in which the productive resources…