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Q: How Working hours effect standard of living?
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Continue Learning about Economics

Which of these contributed to the rising standard of living during the 1920?

an increase in per capita earnings and a decrease in hours worked


Is GDP a good measure of standard of living?

Real national income when divided by population gives real per capita income,which is an indicator of standard of living.Therefore,national income statistics can be used to compare standard of living between countries and over time.However,there are some obvious snags of using national income statistics.Standard of living is not solely determined by real per capita income.It also depends on oter factors like leisure hours,hours of travel,amount of negative externalities and many more.


Will a rise in the national standard of living worsen or improve the country's environmental conditions?

The rise in the national standard of living in the long term will improve the country's environmental conditions. However, in the short term, the country's environmental conditions will initially worsen. When raising the minimum wage (in order to improve standard of living) this may seem like a good idea but in reality it will not be what people think. Businesses are under strict direction to maintain a certain employee salary/wage minimum/maximum hours or amount to be paid. By raising the minimum wage to be higher, and not addressing where the money will come from within the companies budgets, the initial reaction from the companies will be to cut the employees hours down and make a smaller amount of people do the amount of work needed with more people. Therefore, initially it will decrease standard of living because employees will have to obtain more than 1 or 2 jobs and worry about the means of transportation to get to and from and scheduling conflicts etc.


If you make thirty dollars an hour how much do you make a year working thirty hours a week?

About $43,200


What are the standard of living indicators?

GDP per capita

Related questions

What thoughts about the need to work beyond the standard working hours?

A potential employer may ask what you think about working beyond standard working hours. Always answer this in the positive. Be sure to mention any legitimate restraints you have to working over.


What at the working hours for standard bank cresta?

09:00 to 15:30


How long can an employee work before getting a break?

In the US the standard working day is 8 hours, 40 hours a week.


Which of these contributed to the rising standard of living during the 1920?

an increase in per capita earnings and a decrease in hours worked


How many hours will there be on November 1 2009?

24Every day has 24 hours. However, in locations that are changing from Daylight Savings Time to Standard Time, November 1 will, in effect, have 25 hours.


Why did workers form trade union?

They wanted a decent living wage, fair treatment, job security, and reasonable working hours.


How many weekdays in a year does it take to do 568 hours?

Divide the 568 by 24, or (if you are considering working hours) by 7, or 8, or whatever the average number of working hours per working day.Divide the 568 by 24, or (if you are considering working hours) by 7, or 8, or whatever the average number of working hours per working day.Divide the 568 by 24, or (if you are considering working hours) by 7, or 8, or whatever the average number of working hours per working day.Divide the 568 by 24, or (if you are considering working hours) by 7, or 8, or whatever the average number of working hours per working day.


What did the factory workers hope to achieve by forming trade unions?

Improve working conditions They wanted a decent living wage, fair treatment, job security, and reasonable working hours.


How long does it take for a calendar day to pass?

A calendar day is a standard day, so 24 hours. It does not matter if it's a working day or a holiday.


Why did factory workers organize trade unions?

They wanted a decent living wage, fair treatment, job security, and reasonable working hours.


How many hours are there in a standard work month?

There are 160 hours in a standard work month. A standard work week is 40 hours unless you have overtime offered regularly.


Is GDP a good measure of standard of living?

Real national income when divided by population gives real per capita income,which is an indicator of standard of living.Therefore,national income statistics can be used to compare standard of living between countries and over time.However,there are some obvious snags of using national income statistics.Standard of living is not solely determined by real per capita income.It also depends on oter factors like leisure hours,hours of travel,amount of negative externalities and many more.