QUESTION 1 Until recently, labor force participation rate of African-American women has the rate of white women. In recent years the labor force participation rate of African-American men has the rate of white men. O been slightly less than: consistently exceeded O consistently exceeded: been slightly less than O consistently exceeded: consistently exceeded O been slightly less than: been slightly less than

QUESTION 1 Until recently, labor force participation rate of African-American women has the rate of white women. In recent years the labor force participation rate of African-American men has the rate of white men. O been slightly less than: consistently exceeded O consistently exceeded: been slightly less than O consistently exceeded: consistently exceeded O been slightly less than: been slightly less than

Principles of Microeconomics

7th Edition

ISBN:9781305156050

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter19: Earnings And Discrimination

Section: Chapter Questions

Problem 3PA

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If you an? out of school but working part time, are you considered employed or unemployed in U.S. labor statistics? If you are a full time student and working 12 hours a week at the college cafeteria are you considered employed or not in the labor force? If you are a senior citizen who is collecting social security and a pension and working as a greater at Wal-Mart are you considered employed or not in the labor force?
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Next C Which statement correctly describes the U.S. labor force participation rate? The U.S. labor force participation rate O A. increased from 59 percent in 1960 to 67 percent in 1999 B. for women is higher than the female labor force participation rates in Canada and the United Kingdom O C. has a downward trend that is mainly accounted for by the decreasing participation of women in the labor market D. is calculated as the percentage of the working-age population who are employed 888
1. What is a demand side reason for a decrease in the male labor force participation rate? Pick the best answer. O a. Less demand by firms to hire or keep hired higher skilled workers. O b. Less demand by firms to hire or keep hired lower skilled workers. O c. The tragedy of musical chairs; medium skilled workers take over lower skilled workers' job so lower skilled men have less job opportunities. O d. A and C O e. B and C
1 80% O 75% O 60% - 20% 3 Questus 23-24 The arm bow days 10 9 ... 4 s Woge What is the labor force participation rate of this country? Leber Demand 10 20 30 40 50 60 70 80 90 100 No of Workers of th
2. Discuss the labor-force participation trends for men and women since 1950
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Figure 15: Returns to HE for men in work by subject and age Business Economics Engineering Communications Creative Arts Law Medicine English Age 30 Age 50 95% Cls Age 40 Age 60 It shows the returns to getting a degree in different subjects relative to the average wage of men who did A-levels but did not go to university. The new Minister of Universities has some ideas. She suggests: (a) Charging people who who get a 60% wage premium (eg women doing Economics) higher tuition fees (b) Charging people who get less than a 40% premium higher tuition fees (c) Charging everyone higher tuition fees. Evaluate each of these proposals in light of the competitive labour market model (holding labour demand constant). Do you think the proposal is a good idea? Why or why not? What will the effect be on the supply of different types of labour (eg non-graduates, female economists) resulting from each and thus on the wages people receive. Earnings Difference in Percent O 20 40 60 80 100120140
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