Which of the following is considered to be a systemic barrier that has a negative employment impact on visible minorities O a. lack of previous job experience O b. lack of recognition of foreign credentials Oc. inability to leave the community in which they grew up O d. low educational achievement
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- Does the earnings gap between the average wages of females and the average wages of males prove labor market discrimination? Why or why not?How would you expect immigration by primarily low-skill workers to affect American low-skilled workers?Exercise 15.2 and Exercise 15.3 asked you to describe the labor-leisure tradeoff for Jonathon. Since, in the first example, there is no monetary incentive for Jonathon to work, explain why he may choose to work anyway. Explain what the opportunity costs of working and not working might be for Jonathon in each example. Using your tables and graphs from Exercise 15.2 and Exercise 15.3, analyze how the government welfare system affects Jonathans incentive to work.
- MONOPSONY1. Consider that in year 1, there is a Q = 350 and P = 20 and the value of the purchase for buyers is VT = 5,000 and for year 2 we have that Q = 390, the P = 22 and VT = 4,800. Determine: a.Total spending for both periods.b. VMg and GMgc. Net Profit for both periods.d. Marginal Net Profit.e. There is a profit maximization. VMg = GMg VT (Total value of the purchase) VMg (Marginal Value) GMg (Marginal Spending)Who has given the concept of wage fund theory?a) J.S. Millb) Marshallc) Ricardiond) Jevonsa)How the following factors influence the present value of net benefits of migration. i) Transportation costs b) If the elasticity of demand for type Z workers is -0.5, then an increase of wage rate from $45 to $55 will cause the quantity demanded to fall by _____ percent. c) What is the difference between geographic labour mobility and occupational labour mobility?
- Suppose that potential migrants make decisions only based on comparisons of their expected incomes. Now suppose the rural wage is $1 per day. Urban modern sector employment can be obtained with 0.25 probability and pays $3 per day. The urban traditional sector pays $0.40 per day. (d) What simplifying assumptions are needed to make this a valid conclusion? (e) Now, what would the urban traditional sector daily income have to be to induce no net rural-urban migration? (f) If wages in all sectors are inflexible, what else adjusts in this model to lead to equilibrium (how much does it adjust and what is the intuition)?Who has given the concept of wage fund theory?a) J.S. Millb) Marshallc) Ricardiond) Jevons Please Dont Use AI tool.Only typed answer and please don't use chatgpt Who would be held responsible for an unfavourable labour rate variance caused by the employment of workers with higher-than standard qualifications? a. The marketing manager b. The production manager c. The human resource manager d. The purchasing manager
- Suppose that education is the only factor that affects productivity and that an additional year of education raises wages by 2%. Suppose in 2011 gender wage gap was 13%, and the average man had 15 years of education while the average women had 14 years of schooling. a) Using the wage gap decomposition technique, calculate how much of the 13% wage differential is due to discrimination? b) Now suppose in 2021 the gender wage gap is 10%, but the average woman’s education level is increased to 17 year and the average man’s education increases to16 years. (Assume that the return to education stays same at 2%), Was there a decrease or an increase in wage discrimination in the decade? Why?41. Decentralization of development requirespolicy changes, devolution of governmentfunctions and redistribution of revenue. *A. TRUEB. FALSE42. Correcting factor price distortions is afunction of the government. *A. TRUEB. FALSE43. Harris-Todaro Migration Model related thedemand and supply of workers specifically inthe manufacturing sector. *A. TRUEB. FALSE44. Migration decision of Filipinos is always aneconomic decision. *A. TRUEB. FALSE45. When wage differential is negligible, rural tourban migration will not be much of aproblem. *A. TRUEB. FALSE46. When a company serves slum areas, it willsurely have difficulty in achieving its economicand financial bottom-line of profit. *A. TRUEB. FALSE47. Rural-urban migration, as an economicissue, is basically about income andemployment. *A. TRUEB. FALSE48. In the Philippines, there is no concretepolicy on rural-urban migration. *A. TRUEB. FALSE49. The location choices of big labor- intensivecompanies will have bearing on migrationbetween rural…