In the past 15 years in Turkey inequality between the skilled and unskilled workers had decreased (although the overall inequality remained either stable or has increased). Write a factor that might have created this trend?
The one factor is the migration of unskilled workers from Turkey to other countries, causing higher demand and lower supply of unskilled workers in the market. It has caused to increase in the wage rate paid to these workers and inequality between skilled and unskilled has decreased over a period of time.
In the past 15 years in Turkey inequality between the skilled and unskilled workers had decreased...
During the past 30 years, income inequality in the United States has increased in part due to rapid technological change. How does technological change contribute to income inequality? A.Technology complements the skills of the well−educated while rendering redundant the labor services of unskilled and low skilled workers. This causes a decline in the wages of low and unskilled workers relative to other workers. B. The opportunity cost of investing in technology is investments in human capital. The resulting decrease in...
Has the inflation rate in the United States increased or decreased in the past few years? 10- Trend: Slowing down (Disinflation). Volatility: 8- Prime Rate Slightly erratic Highly erratic Highly stable 2- CPI 0- 1990 2010 2000 2005 1995 Year Inflation Rate
Over the past year, a fim decreased its current assets and increased its current abies As a result, the firm's networking capital had to increase had to decrease remained constant could have either increased decreased, or remained constant was unaffected as the changes occurred in the firm's current accounts QUESTIONS A local magazine is offering a 55,000 grand prize to one lucky winner. The prize will be paid in five annual payments of $1.000 each, starting one year after the...
3. You manage one department in a large corporation. Two years ago, you had 20 workers and produced 40.000 units. The company allocated 10 more workers to your department last year, and output increased to 45,000. You just received a memo from your boss indicating that he is very concerned about the 500-unit fall in the average productivity of your workers. How can you defend yourself? 4. What is the difference between marginal product and returns to scale? Explain why...
For nearly 20 years, Specialized Coatings has provided painting and galvanizing services for manufacturers in its region. Manufacturers of various metal products have relied on the quality and quick turnaround time provided by Specialized Coatings and its 20 skilled employees. During the last year, as a result of a sharp upturn in the economy, the company’s sales have increased by 30% relative to the previous year. The company has not been able to increase its capacity fast enough, so Specialized...
Nan has had type 1 diabetes for 15 years. Currently 29 years old and in the sixth week of her first pregnancy, she is referred to a registered dietitian for a review of nutrition recommendations for a healthy pregnancy. She brings her lab work with her and it shows her last A1c level was obtained one month ago and it was 5.5%. Nan is concerned that she won’t be able to use artificial sweeteners and she asks if any have...
For nearly 20 years, Specialized Coatings has provided painting and galvanizing services for manufacturers in its region. Manufacturers of various metal products have relied on the quality and quick turnaround time provided by Specialized Coatings and its 20 skilled employees. During the last year, as a result of a sharp upturn in the economy, the company’s sales have increased by 30% relative to the previous year. The company has not been able to increase its capacity fast enough, so Specialized...
For nearly 20 years, Specialized Coatings has provided painting and galvanizing services for manufacturers in its region. Manufacturers of various metal products have relied on the quality and quick turnaround time provided by Specialized Coatings and its 20 skilled employees ty During the last year, as a result of a sharp upturn in the economy, the company's sales have increased by 30% relative to the previous year. The company has not been able to increase its capacity fast enough, so...
For nearly 20 years, Specialized Coatings has provided painting and galvanizing services for manufacturers in its region. Manufacturers of various metal products have relied on the quality and quick turnaround time provided by Specialized Coatings and its 20 skilled employees. During the last year, as a result of a sharp upturn in the economy, the company’s sales have increased by 30% relative to the previous year. The company has not been able to increase its capacity fast enough, so Specialized...
For nearly 20 years, Specialized Coatings has provided painting and galvanizing services for manufacturers in its region. Manufacturers of various metal products have relied on the quality and quick turnaround time provided by Specialized Coatings and its 20 skilled employees. During the last year, as a result of a sharp upturn in the economy, the company’s sales have increased by 30% relative to the previous year. The company has not been able to increase its capacity fast enough, so Specialized...