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How does the BLS classify people who are "not in the labor force," and what people are often in this category?
If an individual surveyed (that is, who is age 16 or over and not institutionalized) is neither employed or unemployed, that individual is measured "not in the labor force" according to the BLS. Often people in this category are in school, retired, disabled, or taking care of people in their households and communaities.
How base case NPV analysis is applied in financial risk management
Q. Explain about Natural Monopoly? Natural Monopoly: In some industries, economies of scale are so strong that it makes most economic sense for there to be just one supplier. T
explain the concept economies/diseconomies of scale and minimum efficient scale
Why Have These Economies Converged? By and large economies which have converged are those which belong to OECD: the Organization for Economic Cooperation and Development that w
Q. Explain abput Capitalist Class? Capitalist Class:Group of individuals (which represents just a couple of percent of population in advanced capitalist countries) which contro
what is modern theory
Explain what economies of scale are and why they have become increasingly common in later years. Economies of scale - Enhance in fixed factors, but output enhances at a propo
Public Administration: According to L.D. White, "Public administration consists of all those operations having for their purpose the fulfillment or enforcement of public polic
Situation is where a luxury is there. There is the snob appeal possibility where the higher the price, the more desired the commodity it. Often people will drive expensive cars, e
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