Who is included in the labor force?   Question 38 options:   a)  Jennifer, a stay-at-home mom who is not looking for work   b)  Thomas, an 80-year old man who has been retired for 15 years   c)  John, a full-time student who is not looking for work   d)  Anne, a 25 year old woman who lives off her trust fund and wouldn’t consider holding a job   e)  Mark, who does not have a job, but is looking for one

Q: Who benefits economically from the rise of gig work, like venture capitalists, shareholders, gig…

A: Introduction A gig means a doing job for a specified period of time. In a gig economy, companies…

Q: Which among the following factors is NOT a reason why the labour force participation for women has…

A: here Exception is “the steady decrease in the labour force participation for men over the same time…

Q: A worker is about to undergo a sequential job search.  The federal government passes emergency…

A: Given, Unemployment benefit = $600/week Unemployment benefit is given to the unemployed workers till…

Q: The below graph shows the optimal asking wage. Suppose another individual with the same wage…

A: The marginal cost is defined as the additional cost that is added when increasing the quantity. This…

Q: What can we say about the wage difference between jobs that require education and those that do not?…

A: The costs that are being paid by an employer to an employee for carrying out the work assigned to…

Q: termine the labor-market status of each of the following people. etrius is a voice-over actor. He…

A: Unemployed: Individuals are considered unemployed if they do not have a job, have actively looked…

Q: Which action taken by a worker would not be an investment in human capita

A: Investing in human capital will increase workers productivity. It can be done through worker…

Q: In order to maximize profits, a firm needs to determine the quantity of each factor that it will…

A: The formula:Marginal product =Change in total productMPL(2)=32-24=8MRPL=MPL* priceMRPL(2)=8*3=24

Q: None

A: Part (b): Impact of Changes in Commuting Costs and TimeIncrease in Commuting Costs from $50 to…

Q: Define skill set. A. training provided by a job B. skills that have not yet developed in an employee…

A: Define skill set.

Q: For Catherine to be considered out of the labor force, she can be:     temporarily absent from her…

A: Labor force refers to the pool of labor supply in the economy. It includes all the employed and…

Q: On Chapter 5, Human Resource Planning and Recruitment under The Human Resource Planning Process –…

A: Foreseeing the demand and supply of labor later on requires a comprehension of business…

Q: Roberta is laid off from her job.  She is 55 years old.  She looked for a new job for one year but…

A: Let us define some important terms: Unemployed- Those people who are actively looking for a job but…

Q: When would you see the greatest gain if there is a compensating differential built into your salary?…

A: This question revolves around the concept of compensating differentials in the context of salary.…

Q: What reason does  not explain why women may earn less than men in the labor market?     Women tend…

A: In the real world, there is an evident wage gap in the salaries of men and women. There are many…

Q: Which of the following could shift the labor supply curve and increase employment?   a. increased…

A: The labor supply curve shows the people in the economy who are willing to work. It is upward sloping…

Q: Q)If a country's working-age population declines and its wealth increases, then the labor supply…

A: In a labor market, any change in income of the worker and the availability of the worker will affect…

Q: If Macroland had the following information   200 - Employed Workers  100 - Not working, but still…

A: In an economy, working age population include all the people that lies within the working age that…

Q: The below graph shows the optimal asking wage. Suppose another individual with the same wage…

A: Marginal Cost (MC) refers to the rise in the total cost if one extra unit of a good or service is…

Q: The table below shows labor data for a country named Zhouland. Answer the following questions: Age…

A: Unemployment rate is defined because the percentage of total labor pool that's unemployed, but is…

Q: Question 10 Wage per Hour 40 SAR Quantity of Labor Supplied 160 Quantity of Labor Demanded 240 220…

A: Given: Minimum wage is 100 SAR per hour.

Q: The table below shows information on the adult population of a small country.   Employment…

A: The objective of the question is to calculate the size of the labor force in a small country based…

Q: What does the term "family wage economy" mean based on Ruiz's chapter "The Flapper and the…

A: The economics as a study is based upon the idea that the resources which are present with the…

Q: The labor force is made up of all people who are at least 16 years old and are capable of working.…

A: (Q) The labor force is made up of all people who are at least 16 years old and are capable of…

Q: Question 27 What is an example of general job training? attending learning how to weld learning how…

A: General Training refers to the process by which employees or workers are tutored certain skills…

Q: 8. The total population of a country is 1 million. Of this 120,000 are pensioners (retired), 160,000…

A: Unemployment metrics such as the unemployment rate, economic activity rate, and employment rate…

Q: Describe how the market system would determine an equilibrium wage rate and the level of of…

A: The Demand and Supply Curve

Q: A worker is about to undergo a sequential job search.  The federal government passes emergency…

A: Here Answer is "Job search to be longer and the worker will accept a higher wage."