Which of the following is not a true statement about employment and education in the United States by 2014? Select the correct answer below: O A greater percentage of adult men held jobs compared to adult women. O Women received more than half of all bachelor's degrees. O Women received more than half of all law degrees and more than half of all medical degrees. The female/male wage gap was lower than it was in the 1970s.
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- For each of the following separate scenarios, determine if the labor force participation rate will increase or decrease. Group of answer choices ( Choose) Labor force participation rate will decrease or Labor force participation rate will Increase A) More companies allow workers to work from home. B) The government increases the financial aid received by full-time students. C) Companies receive government subsidies for hiring high-school graduates. D) Some discouraged workers re-enter the labor force to look for work.Earning a college degree has some well-known and well-documented advantageous impacts on an individual. That is the motivation for people to delay their entry into the workforce for four or five years while they earn a baccalaureate degree. However, studies have shown significant positive impacts on the community, the state, and society caused by higher education. For example, states with more college-educated people also display better health conditions, higher earnings, lower crime, more innovation, and a general increased standard of living. In the language of our current module, higher education is a positive externality. The person deciding to attend college is doing it for the benefits she will receive from this new knowledge and experience. However, it is also true that there will be positive spillover effects on her community and state. During the course, we discovered that when an activity also produces a positive externality, the marginal social benefit (MSB) from that…Which of the following statements correctly describe discouraged workers? (If none of the choices apply, leave all of the checkboxes blank.) Check all that apply. They are employed workers who want to earn higher wages. They have not looked for a job in 6 weeks, but they would like a job and are available for work. They have given up on looking for a job. They are counted as part of the labor force by the Bureau of Labor Statistics.
- Before the early 1900s, the prevailing opinion regarding the employment relationship was that: Individuals should only enter into an economic relationships if there were laws ensuring minimum standards of protection The government should never interfere with the ability of an individual to freely enter into an economic relationship with another individual Employers should be allowed to unilaterally set terms and conditions of employment The government should monitor economic relationships to ensure they were fair to both partiesA university student who is enrolled in school fulltime and not seeking employment is considered: Group of answer choices out of the labor force. unemployable, and not counted in official statistics. employed in leisure. underemployed.Based on class discussion, the following are corrected descriptions about sectors and dynamics in the Labor Market, EXCEPT: Hi, This is the entire question. It is not incomplete. Question 18 options: Low Skilled Labor has a more Elastic Demand than the High Skilled Labor sector. Low Skilled Labor has a more Inelastic Supply than the High Skilled Labor sector. An aging population could lead to a contraction of the Labor Force and consequent increase of Wages in the market. Higher Pension Benefits will decline the motivation to work, with the consequent decline of market wages.
- The following statistic is reported by the U.S. Bureau of Labor Statistics: in 2014, women’s average weekly earnings is 83% of men’s average weekly earnings. This statistic is referred to, in the media, as the “gender wage gap”. Possible reasons wages vary among workers, and thus the average weekly earnings for women is different than that of men, include which of the following? a.human capital b.compensating wage differentials c.job search uncertainty d.All of the above.Suppose the population of a fictional economy falls into the following categories: 28 million are retired or homemakers; 30 million have full-time employment; 24 million have one part-time job; 28 million have two part-time jobs; 12 million do not have employment, but are actively looking for employment; and 20 million would like employment but do not have employment and are not actively looking for employment. 5 million are under the age of 10. What is the labor force participation rate (as a percentage, not decimals) for this economy? Use the numbers from Question aboveClassify the following:A student who has begun applying for jobs but has not yet found one: employed, unemployed, not in the labor force, or not in the adult, civilian, non-institutionalized population. An actor who works part-time at a restaurant but is looking for full-time work: employed, unemployed, not in the labor force, or not in the adult, civilian, non-institutionalized population. A retiree who will work if a job becomes available but is not actively applying: employed, unemployed, not in the labor force, or not in the adult, civilian, non-institutionalized population. An employee on temporary maternity/paternity leave: employed, unemployed, not in the labor force, or not in the adult, civilian, non-institutionalized population.
- all of the following policies were adopted by government in an attempt to reduce the natural rate of unemployment except: a. unemployment insurance. b. government employment agencies. c. public retraining programs. d. the Illinois bonus program for unemployment insurance claimants who found jobs quickly.Q2 Workers' skills in one industry do not affect the labor market in other industries. True False Q6 According to the segmented labor market theory, firms in competitive markets have no real incentive to eliminate the wage gap once it is established. False True Q8 The competitive labor market determines the equilibrium wage and employment on the basis of market supply and demand. False True Q9 State officeholders have an incentive to placate large public unions if they want to be re-elected. False TrueProductivity may not account for all of the wage disparities and growing income inequality in the United States. Discrimination, education, globalization, and legislation are all factors that can have an impact. The salary disparity between CEOs and average workers is also significant. Productivity is an important factor in labor-market wage disparities, but it is not the only one. Tax policies that favor the wealthy, as well as a decline in unionization, can both lead to rising income disparity. Changes in skilled labor demand, globalization, technology, and government policy can all contribute to the United States' expanding wealth gaps.