15. Why is unemployment a closely watched figure by the government?

16. Briefly explain the connection between a person’s level of education and his or her potential for employability and earnings.



Economics

Answers

Answer 1
15. Unemployment is closely watched by the government due to the fact that the amount of people in the U.S that are bringing in revenue, effects the economy.
Answer 2
The government watches the employment rate because the rate of employment can affect the the performance of a country. If the employment rate is low the standard of living of that country might be low as well. This could affect individuals health and life expectancy. Also if the employment rate is low this means that the country is not effectively employing all its resources and GDP is going to be lower than its potential. The government will then try to find measures to increase the employment rate.
If the employment rate is high then the economy is booming, the standard of living is high and the spending and output in the economy is high.


An individuals level of education can negatively or positively impact their employability and earnings. A person with higher education and experience is mostly likely to be faster employed and receive higher earnings in comparison to a person with lower education and experience.

Related Questions

career class question

Answers

Answer: Letter B
I think so

Hillary and Stephanie have both borrowed $15,000 from the same bank to buy the same model of a new car. Hillary's credit score is 732 and
Stephanie's credit score is 588. Who is likely to pay a lower finance charge?


Stephanie

Hilary

They will pay the same because they used the same bank

They will pay the same because they bought the same car

Answers

Answer:

Call me at    (470)343-8439

Explanation:

whats Alana current budget is and create a proposed budget so that she can achieve her savings goals (10 marks - TI). Assume that Alana makes $530 a month. Be sure to:
· calculate her budget surplus OR deficit is (current and proposed)

Answers

Answer:G tyyyy jhccfvvhh

Explanation:

Hjhdfuiijjhfcdrg g

Describe three different expenses associated with restaurants. Choose one of these expenses, and discuss how a manager could handle this expense.

Answers

The correct answer to this open question is the following.

Describe three different expenses associated with restaurants. Choose one of these expenses, and discuss how a manager could handle this expense.

1.- The food that is going to be cooked and served.

This is the meat, fish, pasta, vegetables, condiments, and everything necessary to cook the food.

2.- The salaries of the employees.

This is the money the restaurant has to pay to its employees such as the chef, the cook, the waiters, and so on.

3.- Marketing and other promotions.

The money allocated to invest in marketing promotions and other promotions to attract new customers to the restaurant.

I am going to choose this last one. I would invite the manager of the restaurant to consider the following.

The manager should not invest in general marketing campaigns. He has to focus on segmentation. What is his segment. Who its clients are. Where they live. The manager should focus on target the necessities of that specific segment and offer valued promotions.

What school did Brittany Bailey go to on a field trip that helped her decided on her career?

Answers

Answer:

she went to the school called Lord duffrent public school.

Explanation:

Answer:

Go to pad let im back

Explanation:

How does managing the production process impact business operations?​

Answers

Answer:

Production management helps the firm to achieve its sales and business objectives by producing goods and services

Explanation:

Production management helps the firm to achieve its sales and business objectives by producing goods and services that meet the need of consumers. Sales and profit will increase if the product produced satisfies the customers' needs.

Answer:

Reduces Manufacturing Cost – By maximizing outputs while minimizing inputs, production management lowers the cost required to produce finished products. This can be used to improve profit margin, or it may be passed onto the customer to ensure a competitive advantage.

Which statement best explains why interest rates are impprtant when saving money? A lower interest rate allows someone's debt to grow more quickly The higher the interest rate the more cost to save money in a bank The higher the interest rate helps someone's money grow larger over time The lower the interest rate, the less it costs tk save money in a bank

Answers

Answer:

The higher the interest rate helps someone's money grow larger over time

Explanation:

Interest rate is the percentage earned by depositors on their deposit. For example, if a person save $200. If the interest rate is 10%, the person earns $20 on her deposit.

The higher the interest rate, the higher the growth in deposit.

For example if a bank offers a compound interest of 10% on deposit and another bank offers a compound interest of 20% on deposit.  If $200 is deposited, after 3 years, the total amount that would be had in each bank is

$200 x (1.1)^3 = $266.20

$200 x (1.2)^3 = $345.60

It can be seen that the amount after 3 years is higher at the bank with the higher interest rate


PLZ HELP
How are budgets different from other financial statements?

1. Budgets must be stored in a safe deposit box.


2. Budgets are available at any financial institution.


3. Budgets focus on future spending.


4. Budgets include details from past accounts.

Answers

3, Budgets focus on future spending

Budgets are estimates prepared for a future period of time based on past information. Hence, Option 3 is the correct statement.

What do you mean by Budget?

A budget is an estimate of revenue and expenses for a given future period of time that is typically compiled and re-evaluated on a regular basis.

Thus, Budgets are estimates prepared for a future period of time based on past spending activity. Hence, Option 3 is the correct statement.

Learn more about Budgets here:

https://brainly.com/question/24940564

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Careers in the Hospitality and Tourism career cluster are
O highly desirable and pay high wages.
O bountiful and expected to continue to grow.
O seldom desirable and pay low wages.
O limited and expected to continue to decline.

Answers

Answer:

B

Explanation:

Edge

Careers in the Hospitality and Tourism career cluster are bountiful and expected to continue to grow. Thus option B is correct.

What are Careers?

Career sectors are means of classifying various career kinds based on shared characteristics. People can use these criteria to help them focus their job options and select a suitable path.

A collection of occupations that emphasize giving people food, lodging, aid to travelers, and enjoyable activities. The abundance of jobs in the travel and hospitality career cluster is anticipated to persist.

The planning, management, and provision of lodging, dining, entertainment, conferences, and tourism, as well as related arranging and community programs including transport services, are all part of a the hospitality and tourism employment cluster. Therefore, option B is the correct option.

Learn more about Careers, Here:

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