Which of the following does not represent a human capital labor market issue? a.a college education...
Which of the following does not represent a human capital labor market issue?
a.a college education
b.skills gained while working on the job
c.a government retraining program
d.All jobs have the same danger level.
Homework Answers
Ans) the correct option is d) All jobs have the same danger level.
Human Capital is Knowledge and skills that people get through education,experience, and training
Add Answer to:
Which of the following does not represent a human capital labor
market issue?
a.a college education...
Suppose the following data represent the market demand for college education: Tuition Enrollment Demanded (per year)...
Suppose the following data represent the market demand for college education: Tuition Enrollment Demanded (per year) (millions per year) $40,000 35,000 30,000 25,000 20,000 15,000 10,000 000 AN - 5,000 Instructions: Enter your responses as whole numbers. a. If tuition is set at $15,000, how many students will enroll? 6 million students Now suppose that society gets an external benefit of $5,000 for every enrolled student b. Draw the social and market demand curves for this situation on the graph...
When interest rates rise, how does this affect the present value of human capital investment? A....
When interest rates rise, how does this affect the present value of human capital investment? A. It has no effect on present value and human capital investment. B. It raises the present value. C. It makes human capital investment more worthwhile. D. It makes human capital investment less worthwhile. When choosing to pursue college full-time, the costs that must be taken into account in a benefit-cost analysis include: A. tuition and local transportation costs. B. tuition and room and board....
5. Which of the following is a sign of a well-functioning labor market? A. A high...
5. Which of the following is a sign of a well-functioning labor market? A. A high degree of labor mobility (job losses and job gains). B. A constant unemployment rate. C. Equal pay for all workers. D. Equal pay in all regions. E. All workers have a college education.
Seved Suppose the following data represent the market demand for college education: Tuition (per year) $1,000...
Seved Suppose the following data represent the market demand for college education: Tuition (per year) $1,000 $2,000$3,000 $4,000 $5,000 $6,000$7,000$8,000|| Enrollment demanded (in millions per year) 8 7 6 5 4 3 2 (a) If tuition is set at $3,000, how many students will enroll? Instructions: Enter your response to the nearest whole number. million students Now suppose that society gets an external benefit of $1,000 for every enrolled student. (b) Draw the social and market demand curves for this...
1. Which of the following statements about the labor market is (are) correct? (x) The supply...
1. Which of the following statements about the labor market is (are) correct? (x) The supply curve reflects job seekers and the demand curve reflects the jobs that are available. (y) Workers determine the demand for labor, and firms determine the supply of labor. (z) The minimum wage is an example of a price floor because the government has mandated a minimum price of labor. A. (x), (y) and (z) B. (x) and (y) only C. (x) and (z) only...
Which of the following statements is (are) correct? (x) College students often choose to attend college...
Which of the following statements is (are) correct? (x) College students often choose to attend college even though it reduces the present level of income because they believe that future income and job satisfaction will be greater if they successfully earn a higher degree of education. (y) For many community college students, the largest single cost of a college education is the wages given up to attend school. (z) If wages for high school graduates rise, but college tuition does...
24. All else equal, which of the following will increase the demand for labor in a...
24. All else equal, which of the following will increase the demand for labor in a particular market? a. An increase in the price of labor. b. A decrease in the wage paid to another occupation for which these workers are qualified c. A decrease in worker productivity d. An improvement in the nonwage aspects of the job e. An increase in the price of the product produced in that market. 25. Human capital theory predicts that the proportion of...
Suppose your firm employs moderately skilled workers in a labor market in which there are many...
Suppose your firm employs moderately skilled workers in a labor market in which there are many Hispanic and White workers with satisfactory skill sets. These workers each have similar levels of productivity, but the cultural and lingual norms of the Hispanic workers are sufficiently different from your own that you simply prefer employing White workers. Your human resource manager, Lauren, has always been a little concerned about this, but you’ve erroneously suggested that your Hispanic workers simply aren’t at the...
1. Labor market equilibrium is best characterized by: A. A wage at which all people have...
1. Labor market equilibrium is best characterized by: A. A wage at which all people have a job. B. A wage at which all workers are above the poverty level. C. A wage at which the number of people willing to work equals the number of workers firms are willing to hire. D. A minimum wage at which everyone is willing to work. E. All workers receiving their ideal wage. 2. Which of the following affects a person's decision to...
Which of the following is a shortcoming of the unemployment rate? Choose one or more: A....
Which of the following is a shortcoming of the unemployment
rate?
Choose one or more:
A. There are too few observations collected monthly. The
small sample size causes inaccurate measurements.
B. Temporary workers are not counted as
employed.
C. If someone is working at a lower-paying job but is
qualified for a higher-paying job, he/she is counted as
unemployed.
D. The unemployment rate does not include discouraged
workers.
Which of the following can lower the level of frictional
unemployment over...
Suppose the following data represent the market demand for college education: Tuition Enrollment Demanded (per year) (millions per year) $40,000 35,000 30,000 25,000 20,000 15,000 10,000 000 AN - 5,000 Instructions: Enter your responses as whole numbers. a. If tuition is set at $15,000, how many students will enroll? 6 million students Now suppose that society gets an external benefit of $5,000 for every enrolled student b. Draw the social and market demand curves for this situation on the graph...
Seved Suppose the following data represent the market demand for college education: Tuition (per year) $1,000 $2,000$3,000 $4,000 $5,000 $6,000$7,000$8,000|| Enrollment demanded (in millions per year) 8 7 6 5 4 3 2 (a) If tuition is set at $3,000, how many students will enroll? Instructions: Enter your response to the nearest whole number. million students Now suppose that society gets an external benefit of $1,000 for every enrolled student. (b) Draw the social and market demand curves for this...
Which of the following is a shortcoming of the unemployment
rate?
Choose one or more:
A. There are too few observations collected monthly. The
small sample size causes inaccurate measurements.
B. Temporary workers are not counted as
employed.
C. If someone is working at a lower-paying job but is
qualified for a higher-paying job, he/she is counted as
unemployed.
D. The unemployment rate does not include discouraged
workers.
Which of the following can lower the level of frictional
unemployment over...
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