Economics: Private and Public Choice
16th Edition
ISBN: 9781337642224
Author: James D. Gwartney; Richard L. Stroup; Russell S. Sobel
Publisher: Cengage Learning US
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Chapter 4, Problem 12CQ
To determine
Explain the legislation that affects the employment level of low skilled workers with three or more children.
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Chapter 4 Solutions
Economics: Private and Public Choice
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- Wilson is injured on the job when a forklift tips over and falls on him. His boss knew the forklift was in disrepair and dangerous but allowed the forklift to be used. Can Wilson collect worker’s compensation benefits? Can Wilson sue his employer for negligence?arrow_forwardWhich law sets out minimum standards for employment in Ontario?arrow_forwardTo what extent are flexible work arrangements a positive for workers? For employers?arrow_forward
- How does an employer decide to pay an employee a salary or hourly? Provide an example of positions that might be paid salary and hourly? What is the Family Medical Leave act? What are the situations that are covered? Is this paid leave? What does At-Will Employment mean? Imagine a business in which the employees are unionized. What are some things you need to consider as an Employer? What are some rights you have as an Employee? no AI of chat gptarrow_forwardsuppose you are hiring a worker for your firm. you advertise a position for $50,000, but an applicant offers to work for 40,000. Should you jump to this offer?arrow_forwardJobs where the product or service is "non-essential" yet is in high demand with a limited pool of exceptionally talented workers are likely to have higher wages than jobs where the product or service is "essential." True Falsearrow_forward
- Think of a job that either you or a friend/relative held that paid a wage that you thought was either unfair or inequitable compared to the wages or salaries of other positions within the business or within the wider business community. Answer the following questions in relation to that example. On what basis do you think the wage was set? I.e. What factors influenced how much the organization valued the role? Why did you think it was unfair? If there was an opportunity to be covered by a Union contract/agreement, do you think there would have been an increase/decrease in the wage? If you were the employer, what would cause you to increase the wage for that role? and finally, 5. Do you think that the wages/salaries of the main "jobs" in our society are allocated fairly? Provide an example of a role that you think is highly undervalued and explain why. For example, should CEOs and celebrities earn millions of dollars each year compared to child care workers or stay at home parents who…arrow_forwardAll people who have equivalent formal education earn similar incomes." Do you agree or disagree with this statement? Explain your position?arrow_forwardSalary Employee Salaried employees are employees that are paid a fixed or set amount of money each year. They may be paid weekly, bi-weekly or monthly. Salary employees are often referred to as "exempt employees! For example, their compensation plan may read as '$45,000 per year'. It means that if they work extra hours, they are not paid for it. So overtime is not a "thing". It is just part of their job. Teachers are paid to work from September through to the end of June, and are only paid for 6.5 hours a day, according to their contract. However, most teachers spend 8-12 hours a day working, and they work through the March break and Christmas break getting caught up with marking. In the summer they take training courses. They still only get paid for the 6.5 hours a day, at the annual salary. This is a salary job. The benefit is stability and consistency. You know your income, you know if things get busy, you need to work extra, and if it slows down, you still get paid. Challenge…arrow_forward
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