The Economist article on human capital says that human capital theory tries to answer which of thefollowing questions?Why has each new generation spent more time in school than the one that came before?Human capital theory tries to answer all of these questions.O Why should universities charge tuition fees?Why have earnings of highly skilled workers risen even as their numbers have also increased?DQuestion 4The Philips reading says thatO human capital theory replaces rational expectations theoryO human capital theory is an extension of the Ricardian theory of rentO human capital is a central neoclassical economic theory attempting to explain why people receive the wagesthat they do.all of these answers are correctmany economists today reject human capital theory because of the effects of the Great Recession on thelabor markethuman capital theory can now be used to explain the market failures associated with global warming

The human capital theory places that human creatures can expand their useful limit through more…

Answered: The Economist article on human capital…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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16. Economics: Labor Economics Thank you for your help and support Academic Agent!
please answer question g h
What would be the labor force participation rate if: a. The employment = 140 million? population = 200 million, the labor force = 160 million, and b. The employment = 120 million? c. Starting from the situation in (a), what would happen to the labor force participation rate if 30 million people lost their jobs and all of them exited the labor force? population = 200 million, the labor force = 140 million, and d. Starting from the situation in (a), what would happen to the labor force participation rate if employment rose from 140 million to 150 million? please provide me the answer with equation
Women’s rising labor force participation might either increase or reduce marriage rates. Explain why the effect could go either way.
Please answer fast please arjent help please answer
USA Today noted that the destruction caused by three 2004 hurricanes, combined with the already high real-estate prices, were making people reconsider retiring to Florida. The cost of homeownership was increasing partly because past hurricanes had roughly doubled insurance premiums statewide. Construction costs could rise due to stricter building codes. Some people, however, did not expect the influx of retirees to change because the baby boom generation was approaching retirement age and Florida had long attracted many retirees. Which of the following factors is tending to move the demand curve for Florida housing to the right? a.The aging of the baby boomers, increasing the number of people who are retiring. b.The increase in the cost of insurance. c.The already high real-estate prices. d.The current high construction costs.
Explain how the optimal consumption of goods and leisure is reached in the labour market. Support your answer with a graph.
During times of low employment, some people get discouraged, stop looking for work, and go back to school. How does going back to school affect the labor force? A. It does not change the labor force B. It increases the number in the labor force C. It decreases the number in the labor force
Which of the following is an investment in human capital? O A firm engages in on-the-job training. O An individual decides to enroll in a vocational training program. O All of the answers. O The government expands its programs to improve health care.
19) Which of the following is an investment in human capital? A) The city government green lights the construction of a new concert arena. B) Rayburn Tool and Die Company purchases a new die-cutting machine. C) Displaced workers return to school to update their skills. D) Thompson Temp Agency replaces its desktop computers with laptop computers. 20) Which of the following is an investment in human capital? A) An individual decides to enroll in a vocational training program. B) A firm engages in on-the-job training. C) The government expands its programs to improve health care. D) all of the above 21) Embodied technical change results in A) an increase in physical capital. B) disembodied technical change. C) an improvement in the quality of capital. D) a decrease in labor productivity. 22) Disembodied technical change is one reason why A) human capital is more valued in an economy than physical capital. B) the quality of capital had decreased.…
Define and explain the Theory of Wages and what are the relationship with the productivity and economic of wealth, please explain with a graph.
Imagine you are the owner of a natural gas company. You can either extract as much of the resource as fast as possible or delay extraction until a future time. Projections indicate that the price of natural gas is expected to fall in the future. What would you do in the present? a. Sell as much natural gas as possible now and less in the future—reflected by a rightward shift of the current supply curve in the future. B. Sell as much natural gas as possible now and less in the future—reflected by a movement down the current supply curve.C. Sell as much natural gas as possible now and less in the future—reflected by a movement up the current supply curve.D. Sell as little natural gas as possible in the present and delay extraction until the future—reflected by a leftward shift of the current supply curve in the future.

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