What do you think are the key challenges associated with work in the new economy ?

Q: What are the three types of unemployment and how do they change over the business cycle?

A: In Democratic government mostly, it has been seen that there is both public and private sector…

Q: What are the three factors that impact productivity? Provide an example for each factor describing…

A: A firm employs many factors of production (capital , labor , land and entrepreneurship) and each…

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: Difference between labour market and goods market

A: Labor is a factor of production used to produce the goods and services in the production process.…

Q: What are the three economic sectors? Provide explanations and examples for each. How does the United…

A: Economics as a subject deals with the allocation, production and optimization of scarce resources…

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: technological advancement create unemployment

A: Technological advancement refers to the changes that have been brought in the process of production.

Q: Who is in the labor force?

A: Labor force concept The workforce, also referred to as the labour force, is the group of employed…

Q: Does technological innovation create unemployment?

A: Technological innovation leads to higher production of goods and services from the same level of…

Q: Suppose you have a job and earn a salary. What is the opportunity cost today of saving some of your…

A: Opportunity cost shows the forgone value of other thing that can be done instead of choosing to do…

Q: Which one is considered a discouraged worker?       A person stopped looking for a job but would…

A: A person is said to be unemployed when he lies under the working-age population and wants to earn…

Q: What challenges are faced by the Labour movement in 2020?

A: The labor is the factor which combines the raw materials in order to create the final goods and…

Q: “In 2030, every organization will be a technology organization and as such businesses need to start…

A: In 2030, every organization will be a technology organization and as such businesses need to start…

Q: What is being done to end unemployment in the U.S.

A: Answer - Measures to decrease unemployment in U.S. - 1. Stimulus for industries in crisis - U.S.…

Q: Which is not a factor of production?  Money Land Labor Capital

A: The factors of production are factors inputs and resources that are used to create the final…

Q: What are the two main factors that affect labor productivity?

A: The major two factors which are to be understood which affect the labor productivity are: Technical…

Q: How is productivity tied to standard of living?

A: Productivity is increased by the education , training or leaning by doond or learning by watching .…

Q: what is prices and unemployment

A: Ans. There is no relationship between price and unemployment Explain both term price and…

Q: what are some causes of unemployment in countries?

A: Unemployment refers to the economic term that is used to explain a situation when willing people are…

Q: What are some of the emotional tolls associated with struggling to find gainful employment?

A: Representatives are feeling pressure and encountering huge change. They may:  Be worried about the…

Q: How does the labor market and workforce dynamics, including skills shortages, talent mobility, and…

A: The labor market refers to the interaction between employers and workers in the process of buying…

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: An unemployed person is    A person who wants a to work but does not look for one A person who is…

A: Employment is a situation in which a person is employed and has a job. He earns for his living and…

Q: improvement in the productivity of labor will tend

A: The productivity of labor refers to the number of goods and services produced by the labor at a…

Q: What is capital and enlist the types

A: Meaning of Capital: The term capital under financial institution refers to the situation when an…

Q: t causes the high unemployment rate in south Africa?

A: South Africa is a country located in the southern part of the African continent. It stands at the…

Q: Explain what the Industrial Revolution was and where it began.

A: There are different sectors in an economy. These are agricultural sector, manufacturing sector and…

Q: How should the situation be rectified to return to full employment

A: When discussing short-term changes in aggregate demand or supply, it can be claimed that these…

Q: Each country has its own customs and traditions that determine business practices and influences how…

A: All societies have their own customs and restrictions. Advertisers really must find out about these…

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…

Q: A consultant works for $200 per hour. She likes to eat vegetables, but is not very good at growing…

A: Meaning of Opportunity Cost: The term opportunity cost refers to the situation under which the…