Recent content by simonhorowitz

yer that is quite true but the people who are not classified in the paricipation rate are those who are not actively seeking work which includes pensioners. so if we reduce pensions or increase the average retiring age we are in actual fact increasing the participation rate. there was a...

basically i said that the increase in the participation rate was due to an increase in the average age of retirement. effects were increased economic growth as workers will contribute to the productive capacity of the economy for a longer period of time , which hence takes pressure of the...

factor market is where the factors of production are bought and sold i.e. land labour, capital product market is where consumeres purchase the final good or service i.e. a shop

i would like to see an entire population(99%) with a nutritional defficiency, i just stated that comparison of a two countries allowing for analysis of differences in the environments would eventually identify the causative factor. the goldfish question was the hardest of them all- i ended up...