What has happened to the share of American workers with steady jobs the 1970s?  Who is responsible for the decline of “jobs”: does it reflect worker preferences or employer preferences?  Why do you conclude this?

Q: Are minimum-wage laws a better explanation forstructural unemployment among teenagers or…

A: Minimum wage laws set the lowest (min) level of wages or the least wages/salaries that must be paid…

Q: Which of the following statements correctly describe discouraged workers? (If none of the choices…

A: Answer- They have given up on looking for a job. Because discouraged workers choose voluntarily to…

Q: Unemployment insurance increases the amount of ...........unemployment by ......... and Labor…

A: Frictional unemployment arises when person leaves the job voluntarily even it is looking for other…

Q: Using the supply and demand of labour and the accepted jobs schedule, explain the difference between…

A: Please find the answer below.   DEMAND OF LABOUR: Businesses need labour and capital as inputs to…

Q: Discuss how total earnings are determined for both piece-rate and time-rate workers

A: Piece rate and time rate are the two method of wage payment.

Q: According to the Classical labor demand curve, if wages increase from $10 to $20.. employees will…

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Discuss whether or not the trade unions and the government can do anything to increase the earnings…

A: Unskilled workers: It is utilized to allude to a section of the labor force related to a restricted…

Q: In what decades did US female labor force participation increase the most rapidly? What factors…

A: Hey, Thank you for the question. According to our policy we can only answer 3 subparts per question.…

Q: Part a. What is the marginal physical product(MPP) of the third unit of labor hired? Part b. What is…

A: The marginal revenue productivity theory states that a profit maximizing firm will hire workers up…

Q: To what extent are flexible work arrangements a positive for workers? For employers?

A: Flexible work arrangement for workers is not bounded by rigid work rules. These arrangements are…

Q: How are the principles of equal pay for equal work and equal pay for comparable work related?  What…

A: Disclaimer: Since you have asked multiple questions, we will solve the first question for you. if…

Q: Unionization in the private workforce in the United States has increased exponentially since  WW II.…

A: The economies around the globe tend to have various entities, who all are involved in various…

Q: how we can think about unions, discrimination, and immigration in the labor discipline model. Just…

A: ANSWER   Labor discipline model is based on the assumption that the owner or the employer know how…

Q: According to the labor market model studied in class, the higher natural unemployment rates observed…

A: "Since you have asked multiple questions, we will solve first question for you .. If you want any…

Q: What are three factors that determine current labour supply? (Select all that apply.) A. Reservation…

A: Labor supply refers to the availability of the labor in the labor market.

Q: In 2020 in the United States, only about 10.8% of all workers belonged to a labor union. If union…

A: Labor union: - it is an organized association of workers which workes for the welfare of workers. It…

Q: How are wages affected in each case? New training programs provide students with the skills that are…

A: Wages are payments made to a worker for their service and usually remuneration is given on a hourly,…

Q: Heterogeneity and the dynamic nature of labor markets are the principal causes of frictional…

A: The labour market, often known as the job market, is concerned with the supply and demand for…

Q: (i) Discuss the Hedonic Theory of Compensating Wage Differentials. (ii) To what extent is the main…

A: The Hedonic Theory of Compensating Wage Differentials explains the relationship between wages and…

Q: QUESTION 23 An increase in unemployment benefits shifts the best response curve to the right. The…

A: In an economy, unemployment benefits refer to the transfer payments provided by government to the…

Q: Critically, provide four criticisms on the shortcomings of paying workers solely firm’s hiring and…

A: The minimum wage was established to help stabilise the post-depression economy and to protect…

Q: Provide ONE labor demand-side reason that would explain why equilibrium wage (W*) rates in two…

A: A compensating wage differential is defined as the additional amount of income that a given worker…

Q: Why wages differ   my last chance to get right, please answer correctly For each of the scenarios…

A: A wage disparity is a difference in pay between people with similar skills working in different…

Q: Suppose male wages are determined by the earnings function WM = 25 + 0.40EM and female wages are…

A: Given that, WM = 25+0.40EM WF = 15 + 0.20EF Women experience =10 Men experience = 20

Q: Describe how workers and firms “marry” each other in the labor market when there are many types of…

A: Utility for the workers is maximized depending on the wage or salaries that they earn and the risk…

Q: How can seasonal unemployment be alleviated? Should it be alleviated? Why or why not?

A: Seasonal unemployment means a situation when individuals are not having jobs(unemployed) at…

Q: A country with a civilian population of 120,000 (all over age 16) has 100,000 employed and 10,000…

A: For the following we this information first: The labor pool is that the employed people plus…

Q: Q)Which of the following is not one of the determinants of labor force participation as discussed in…

A: The labor force participation rate is defined as the percentage of people of working age who are…

Q: Over the past 50 years, the percent of workers who are labor union members has fallen consistently.…

A: Labor unions are the groups of workers who have organized themselves in order to protect their right…

Q: Which of the following statements correctly describe discouraged workers? (If none of the choices…

A: Official Unemployment Rate = Total Unemployed / Total Labor Force * 100 Labor Force = Total Employed…

Q: Major conclusions that can be drawn from the Hedonic theory of compensating wage differentials.

A: In an economy, the labor market is analyzed differently from the goods market because equilibrium in…

Q: In the United States over the last 50 years, A. both women's and men's labor force participation…

A: Labor force participation rate can be defined as the rate which defines the people who are engaged…

Q: Please tell me which multiple choice is correct     Given labour market equilibrium with…

A: Part (a) Unemployment is always voluntary. This statement is false.  Involuntary unemployment occurs…

Q: Suppose black and white workers are complements in that the marginal product of whites increases…

A: The inputs are said to be complements in the production of a good when two inputs are always used…

Q: How should one interpret the fact that—all other things equal—workers with a lot of seniority earn…

A: Workers are the asset for a firm who use their labor, physical, mental efforts in production of…

Q: The following statistic is reported by the U.S. Bureau of Labor Statistics: in 2014, women’s average…

A: Compensating differentials is defined as an additional amount of wage/income that must be offered to…

Q: Assume that supply curve is vertical and labour demand curve shifts to the left. This would lead to…

A: Labor demand curve shifts to left means demand for labor will decrease. Therefore real wages will…

Q: In general, the duration of job search will be shorter if O it is more costly to obtain job-search…

A: Unemployment is a major concern in most developing economies because it affects toe overall growth…