Why are unemployed people/those in poverty less likely to have access?
Q: Name two jobs that you think would be affected by seasonal unemployment. Explain why they would be…
A: Seasonal unemployment: It is a type of unemployment in which people remain unemployed during…
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: What is the impact of a flat-rate income tax on the work leisure choice?
A: Workers have a limited number of hours to spend in leisure and at work. As a result, workers are…
Q: Discuss costs and benefits of job search.
A: Unemployment refers to a situation when employable workers are unable to seek a job at the existing…
Q: Why do you think that unemployment rates are lower for individuals with more education?
A: Unemployment means when an individual is not engaged in any economic activity or he/she is searching…
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: How does agriculture contribute towards employment
A: In economics, the term "employment" refers to the condition of having a job or being employed.…
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: How many fewer workers would have been unemployed? how many more would have been employed?
A: Given that Total labour force in 2016 = 159.2 Million Unemployment rate = 4.9%
Q: example of Socio economic aspect of income and employment
A: Social and economic factors refers to the drivers of the conditions under which individuals live.…
Q: How does an overheated economy affect wages? They rise much more steeply than usual. They decline at…
A: Overheating of an economy usually takes place when the demand exceeds the supply. This leads to…
Q: How does the presence of a discouraged worker affect the unemployment rate?
A: Let us first explain certain concepts related to unemployment rate.Labor force: In an economy, labor…
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: 4) Suppose the number of employed people in an economy is 6,532,451. The unemployment rate in this…
A: Labor force = unemployed + employed Let's denote unemployed as X => Labor force = X + employed…
Q: If the labor force of 160 million people is growing by 1.2 percent this year, how many new jobs have…
A: Unemployment refers to a situation in which the workers are willing to offer their labor force at…
Q: Why Universal Basic Income is better than Employee of last resort?
A: A proposed government guarantee of a monthly payment to every citizen is known as universal basic…
Q: Suppose statistics show that the number of employed workers has increased in Economy A, but the…
A: Unemployment rate is given as UR= (Number of unemployed/ total labor force)*100 Total labor force =…
Q: Why should the unemployment rate matter to employers?
A: Unemployment refers to the situation when individual willing to work and actively seeking employment…
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: In an economy with 200 million people, 140 million hold civilian jobs and 9 million are not working…
A: Unemployment is a time period relating to individuals who are employable and actively searching for…
Q: What is the Impact of Migration and Migrant Remittances on Household Poverty in Bangladesh?
A: Human relocation includes the development of individuals starting with one spot then onto the next…
Q: Unemployment could cause this economy to produce at which point(s)?
A: Unemployment: - unemployment is that portion of the labor force that is able to do work and looking…
Q: During the initial months of the COVID pandemic, the number of unemployed people in the State of…
A: Unemployment is the situation where a person is looking for job and interested to work at prevailing…
Q: A______ is a person who was employed in the civilian labor force and was either fired or laid off
A: Meaning of Labor Economics: The term labor economics is nothing but those market of workers,…
Q: Is UBI universal basic income a good idea to be implemented in Aghanistan?
A: A proposed government guarantee of a monthly payment to every citizen is known as universal basic…
Q: How inflation can redistributes income?
A: Inflation is the situation when the economy grows due to an increase in the circulation of money…
Q: How do you calculate net migration rate?
A: Net migration rate: - Net migration rate measures the difference between the people who move into an…
Q: What sectors have been most hardly hit by inflation in Europe due to the war in Ukraine? Use…
A: In general, during periods of inflation, sectors that rely heavily on imports, energy, and raw…
Q: What is net migration formula?
A: Immigration is when people from other countries come to live in a country permanently and emigration…
Q: What is Universal Basic Income? Has it been proposed/supported in the past and by who? What are the…
A: Universal Basic Income refers to a minimum amount of money which is to be provided by the government…
Q: Does the existence of unemployment insurance eliminate the economic costs of unemployment?
A: unemployment insurance, is the method of securing income even if an individual gets unemployed, it…
Q: What federal program protects economic security for working people?
A: When it comes to job-related protection and benefits, to say nothing about recruiting and…
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: why is Universal Basic Income not inflationary?
A: Inflation is the rate at which prices rise over a given time period. Inflation is typically defined…
Why are unemployed people/those in poverty less likely to have access?
In most of the systems in this world, the one who posses or controls the means of production has an upper hand and has access to all the services and privileges. The poor people mostly get low-quality education and services and they also do not get enough opportunities in the job sector. These circumstances make them restricted into low-income jobs and this cycle continues and people become trapped in poverty. Only a justiciable government with effective measures can change this system. But unfortunately, most of the government systems in this world are under the control of affluent people, who do not want to change the status quo.
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