In labor markets, risk taking accounts for some income differences. True False

Q: Suppose that workers have 4 levels of productivity. High is 12, middle is 6, low is 3, and trump is…

A: The functional relationship between the factors of production (inputs) and the output is shown by…

Q: people may chose to ofer less work at higher wages because the utility of lesier increases because…

A: Income refers to the amount earned by individuals or laborers in exchange for the services rendered.…

Q: is there a gap between the mean earnings for male and female recent college graduates?

A: A gender pay gap is the mean difference between the wage of  working men and women. Yes, there is a…

Q: True or False. Research indicates that immigration causes large decreases in the average American…

A: ANSResearchers like Card, 1990, and Card & Peri, 2016 have found zero wage elasticity of…

Q: What is positive/negative selection of migrants? What determines whether migrants are positive…

A: Migration is the movement of people from one place to another with the intention of settling or…

Q: How does the introduction of health insurance as a benefit influence the supply curve for labor?

A: Health insurance provided to a worker is a non monetary benefit given to him in addition to his wage…

Q: contributed to health

A: Currently no techniques tend to exist for reliable detection of the early signs of ill health which…

Q: Describe how the firm decides whether to offer a safe working environment or a risky environment.

A: Ste 1-  The safety of the workplace is very necessary for each employee of the firm where they can…

Q: More and more of the poor in the United States are women and children. Relate the feminization of…

A: Money has been evolved through the ages and people use money for various purposes. There are…

Q: From 1700 to 1800 there was massive under-population and shortage of workers in America. Why was…

A: During the 18th century, America faced a unique demographic challenge characterized by…

Q: The below graph shows the optimal level of human capital acquisition for a 20-year old.  On the same…

A: Human capital is an intangible asset or quality which is not listed on a company's balance sheet. It…

Q: Show that the competitive labor market compensates workers for the probability that they will be…

A: A  PLM (perfectly competitive labour market) is a combined of many firms that compete for labours…

Q: How do economists define teacher quality? Discuss the strengths and weaknesses of this definition.

A: Teaching is a cultural activity, and perceptions of teacher quality have evolved as American…

Q: Jobs where the product or service is "non-essential" yet is in high demand with a limited pool of…

A: Jobs where the product or service is "non-essential" but is in high demand with a limited pool of…

Q: Is poverty an unfortunate circumstance or a character defect?

A: Poverty is the state of living where an individual is deprived of basic living standards.…

Q: Factor income is an earning concept True/False

A: The factor services are being rendered by the factors of production in the production process. The…

Q: How does a college education increase ones human capital

A: Human capital constitutes the knowledge, experience and skills an individual has. It is generally…

Q: Using the threat of dismissal can   Multiple Choice   lower worker productivity.   be effective…

A: The threat of dismissal is the act of informing an employee that they risk losing their jobs if they…

Q: "Do Men and Women Earn the Same Amount?"  Please give a reason behind your answer.

A: No, Generally they do not earn the same amount.

Q: tate true or false with reason

A: Casual workers are the one  who are employed on temporary basis. They are paid on daily basis and…

Q: shortcoming of (HPI) human poverty index

A: The Human Poverty Index (HPI) is a composite indicator that assesses poverty in developing nations…

Q: How do we calculate the value of a statistical life?

A: The value of a statistical life refers to the rate at which individuals trade money in return for…

Q: Characteristics of labour

A: A person or a group of people who perform physical work for reward for example loading/ unloading of…

Q: When workers move from one industry to another in response to demand changes, this is an example of…

A: Factors of production are the inputs used in the production of goods and services.

Q: Full employment is related to how well a person’s skills match his or her job. True or false

A: We are going to discuss the definition of full employment in an economy to answer this question.

Q: Every year workers immigrate to the United States. If they are mostly low-skilled workers, then a…

A: The transfer of individuals from their home nation or area to another country, of which they are not…