Principles of Economics, 7th Edition (MindTap Course List)
7th Edition
ISBN: 9781285165875
Author: N. Gregory Mankiw
Publisher: Cengage Learning
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Question
Chapter 19, Problem 4QCMC
To determine
Example of signaling.
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Ted leaves his job as a high school math teacher andreturns to school to study the latest developmentsin computer programming, after which he takesa higher-paying job at a software firm. This is anexample ofa. a compensating differential.b. human capital.c. signaling.d. efficiency wages
A business consulting firm hires Robin because shewas a math major in college. Her new job does notrequire any of the mathematics she learned, but thefirm believes that anyone who can graduate with amath degree must be very smart. This is an example ofa. a compensating differential.b. human capital.c. signaling.d. efficiency wages
Labor economics
What is positive/negative selection of migrants? What determines whether migrants are positive
selected?
Chapter 19 Solutions
Principles of Economics, 7th Edition (MindTap Course List)
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- Suppose high-wage workers are more likely than low-wage workers to move to a new state for a better job. a. Explain how this migration pattern can be due solely to differences in the distribution of wages. b. Explain how this migration pattern can take place even if the cost to move is greater for high-wage workers.arrow_forwardEsmeralda is content in her current job. She doesn’t look for a better job even though she could earn more. This is an example of thearrow_forwardThe labor force is made up of all people who are at least 16 years old and are capable of working. TRUE OR FALSE?arrow_forward
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