ANSWER FOR UR FIRST QUESTION -
"THE GOVERNMENT SHOULD SUBSIDIZING THE RELOCATION OF WORKERS WHO LOST THEIR JOB"
BECAUSE...
in structure unemployment; there is a lack of infrastructure in economy so government should work on give incentives to economy and it would be in form like this;
1- incentives to company to produce more in country so that new jobs will create
2- incentives to skill development programs for workers
3- incentives to relocate the workers where they will get jobs
4- trying more and more investment catching up from FDI/FII etc.
5- more spent on infrastructure activity in country
6- giving boost to small and medium sector company and also encourage to people to start their on business
2 pts The government can assist in reducing the level of structural unemployment by O providing...
It had no effect on consumers or firms in this situation. O It increased the incentive of individuals to supply the good on the black market. Question 7 2 pts A nonbinding price floor has which of the following consequences? O There will be downward pressure on prices until quantity demanded equals quantity supplied. O There will be upward pressure on prices until quantity demanded equals quantity supplied. O There are no consequences to a nonbinding price floor. The quantity...
A government might choose to implement a price floor to O A. keep specific prices up. O B. satisfy notions of equity. O c. give into powerful political groups. OD. All of the above have served as motivations. Demand and Supply Schedules for Chocolate Bars Price Quantity Demanded Quantity Supplied ($) (thousands per week) (thousands per week) 2.00 1500 2100 1.80 1600 2050 1.60 1700 2000 1.40 1800 1950 1.20 1900 1900 1.00 2000 1850 0.80 2100 1800 0.60 2200...
Match the following: Adam Smith David Ricardo John Maynard Keynes Choices: (2 are not used.) a. founder of modern market economics comparative advantage-argument for mutual benefits of international trade comparative advantage-emphasized job displacements of international trade founder of modern macroeconomics invented capitalism duo If a firm has trouble selling its good, it can lower price. increase demand. decrease supply. both a) and b) are correct. 6. People often pay too much for goods because they are not aware of which...