Consider the education system of Bangladesh. Several decades ago it was possible to obtain a secretarial job after having passed the SSC. Nowadays similar jobs often require a Master's degree. What has failed? The screening or signaling function of education?

Q: Does the old boy network operate in favor of men and can women get the job only if they accept to…

A: Old boy network refers to group of boys pass-out from various prestigious colleges and now they are…

Q: Which of the following theories holds that multiple leadership variables determine the probability…

A: Leadership joined by the executives sets another course and utilizes assets to accomplish it.

Q: Income redistribution A.may increase social welfare as long as there is no reduction in efficiency.…

A: Income distribution refers to the process that transferring the income from high income people to…

Q: Imperfect markets meaning

A: Competitive market: - it is a market condition where there are many buyers and many sellers in the…

Q: How does the informal economy shape stereotypes?

A: Informal economy or informal sector or grey economy is that part of the economy which is neither…

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: What is asymmetric information? Give one example of asymmetric information in a market other than in…

A: Asymmetric information: It is also referred to as information failure. It happens when one party…

Q: Is there movement toward mixed systems in socialistsocieties?

A: Concept: A mixed economy is a system that implies a combination of capitalism as well as socialism.…

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: What could the remedy be in this case? Could the buyer even have a right to compensation, even if…

A: The International Sales Contract Advisory Council (CISG-AC) has the responsibility of governing…

Q: How has state capture affected the poor in South Africa? your answer should be economically based.…

A: State capture is a kind of corruption in the political system of a country where private interests…

Q: The major benefit of socialism is that it creates strong incentives to work hard and take the risks…

A: It is a popular economic and political structure based on public ownership of the means of…

Q: Explain the concept “underemployed”, and give an example to support your answer

A: Unemployed means when a persona relatively high skills and well educated but works in a relatively…

Q: Which of these is the rate at which sales opportunities are closed, as expressed by a percentage?…

A: There are many types of financial ratios which help us understand different things.

Q: To ensure safety and efficacy, the Food and Drug Administration regulates the medicines that…

A: The Food and Drug Administration gives approval to medicines and pharmacies in the united states. It…

Q: Which of the following can be affected by deception of numbers? (Select all that apply) Group of…

A: Deception, in general, is defined as presenting untrue or false information. It can be of various…

Q: Explain how imperfect information hazards might affect the following a. Workers applying for…

A: Disclaimer- “Since you have asked multiple question, we will solve the first three question for you…

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: Discuss how empirical studies estimate the rate of return to schooling and the methods used to avoid…

A: The empirical studies estimate the rate of return using the data on the earning and schooling of…

Q: Explain the theory that education acts as a signaling device. How does this contrast  with the…

A: In an economic transaction, the action of sending the information taken by individuals with more…

Q: Giving money to poor family members as help is an example of:

A: Meaning of Social Welfare: The term social welfare refers to the situation under which the…

Q: As a manager, you want everyone on the team to earn the same bonus, regardless of effort. Which of…

A: Distribution is based on several requirements and laws, which have different aims.

Q: A competitive labor market offers traineeship programs. During the training, employees of type 1…

A: The equilibrium compensation and work level are resolved where the market demand for labor rises to…

Q: Employers can try solving the adverse selection problem and motivate the employees to work harder by…

A: At the marketplace, the problem of adverse selection arises when any of the trading parties, such as…

Q: Whistleblower is a HERO or a TRAITOR?” GIVE your clear and precise justification on: FIVE [5]…

A: The whistleblower policy offers power to workers to bring their interests up on the off chance that…

Q: People who often create benefits for the minority and impose the cost on the majority are called

A: Special interest groups are those groups that work for the welfare of a particular area of special…

Q: Р S В A Pi I D C G Ро Е DI F Q H.

A: Consumer Surplus: It refers to the difference between the maximum price the buyer is willing to pay…

Q: the division of knowledge is:

A: The cognitive divide is the gap between those who can find, create, manage, process, and exchange…

Q: All employees, whether public or private, have free speech rights. True  False

A: The right to speech according to constitution applies only to the individual self and does not apply…

Q: How does China's one-child policy show the influence government can have on a population?

A: The Chinese government enacted the one-child policy, which stipulated that the great majority of…

Q: Is America a meritocracy?

A: The term Meritocracy refers to such kind of government which is ruled people from the educated…

Q: Through job lock, employer-sponsored health insurance distorts labor markets and thus can reduce…

A: The term "job lock" refers to an employee's inability to quit a job freely since doing so would…

Q: Find real desposabal income

A: GDP = C + I + G + (X-M)  here we take gross investment = Net investment + depreciation…

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: Enforceable contracts is a factor that encourages entrepreneurship. True False

A: An entity with the flexibility to translate inventions or technology into product Associate in…

Q: Proponents of socialism contend that it willa. prevent workers from exerting significant control…

A: Meaning of Economics: The term economics refers to the situation under which there remain…

Q: A new manager recently was given an assignment to create two possible wage schemes for a design…

A: Managerial economics focuses on increasing the productivity and efficiency of employees by applying…

Q: Question 33, 41 Listen Should the company invest in the training program if allows them to expand…

A: Answer= "Thank you for submitting the questions. But, we are authorized to solve one question at a…

Q: Why is media is relevant to glovalization?

A: Globalization refers to the approach to open the economy and to deal with the rest of the world by…

Q: The incentive to innovate would be reduced because which of the following makes research and…

A: Duplication is the act of making an exact copy of something. In research and development projects…

Q: Classify cach statement as either true or false. A tournament compensation scheme is subject to…

A: Tournament Theory:- Tournament theory is a concept in manpower economics that describes scenarios in…

Q: A competitive labor market offers traineeship programs. During the training, employees of type 1…

A: The equilibrium compensation and work level are resolved where the market demand for labor rises to…

Q: The two primary "levers" that immigration policymakers can manipulate are: the number of immigrants…

A: Immigrant is a person who settles in a foreign country permanently.