Principles of Microeconomics California Edition 2nd Edition
2nd Edition
ISBN: 9780393622089
Author: Dirk Mateer, Lee Coppock
Publisher: W. W. Norton
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Question
Chapter 15, Problem 4QR
To determine
Explain the wage discrimination between women and men.
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Why did the labor force participation rate of women increase so much in the past century?
Q4a
You are given the following data on the annual earnings of residents on Examland, according to the 2020
census. The average earnings of native born workers are $42,500. The average earnings of workers to
migrated to Examland between 2015 and 2019 are $39,600. And the average earnings of workers who
migrated to Examland between 2010 and 2014 are $41,250.
Calculate the entry effect on earnings. Express your answer both in dollars and as a percentage of native-
born earnings.
Which individual is out of the labor force?
John is without a job, is able to work, but is not actively looking for work.
Matthew is working 40 hours per week.
Mary is without a job, is able to work, and is actively looking for work.
Emily is working 6 hours per week.
Chapter 15 Solutions
Principles of Microeconomics California Edition 2nd Edition
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- Participation in the labor force is much lower than it has historically been. How have government benefits, such as food stamps and housing subsidies, affected the labor-leisure choices of individuals?arrow_forwardWhat is the labor force participation rate?arrow_forwardWhat is the labor force participation rate? Not in labor force 76.0 million The labor force participation rate is percent. Labor force 147.4 million >>> Answer to 1 decimal place. Employed 139.3 million EGO B8888888888arrow_forward
- Suppose an economy consists of 500,000 individuals 16 years and older, 260,000 are employed, and 21,000 are unemployed but actively seeking work. In this example the labor force participation rate is approximately is ?arrow_forwardWhat could explain why unemployment is lower among workers with a relatively higher level of education and training?arrow_forwardUse the labour market information given below to answer the following questions: * Total opulation = 10 milliol Working - a * ge population = 7.5 million Labour force = 6 million Unemployed = 1 million Calculate the number of individuals (in millions) not in the labour force. a) 2.5 b) 1 c) 1.5 d ) 4.0arrow_forward
- The members of the parliament want to know why labour force participation ratesfor womenin the 25-34 and 35-49 age groups are lower than the labour force participation rates for men.Use economic theory to explain the reasons behind these differences.arrow_forwardHow does age impact on job mobility? Explain in shortarrow_forwardBased on the information in the table below, calculate the labor force participation rate, and the percentage or workers out of the labor force: Total adult population over the age of 16 83 million Total in the labor force 63 million Total Employed 60 million Total Unemployed 3 million Total out of the labor force 20 million Group of answer choices Participation rate: 24.1%, Out of the labor force: 92.5% Participation rate: 75.9%; Out of the labor force: 24.1% Participation rate: 5%,Out of the labor force: 15% Participation rate: 24.1%, Out of the labor force:75.9%arrow_forward
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