Contemporary Labor Economics
11th Edition
ISBN: 9781259290602
Author: Campbell R. McConnell, Stanley L. Brue, David Macpherson
Publisher: McGraw-Hill Education
expand_more
expand_more
format_list_bulleted
Question
Chapter 1, Problem 8QS
(a)
To determine
Wage gap between different groups.
(b)
To determine
Closing Country U’s boundaries for all immigrants.
(c)
To determine
Achieving 4 percent
(d)
To determine
Repealing the right to work law.
(e)
To determine
Determination of health and safety of workers.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
Which of the following statements is correct?
a. The Mariel Boatlift study finds that the mass emigration of Cubans lowered the wage of unskilled native workers but not college-educated workers.
b. Immigration from the former Soviet Union increased Israeli's population by 15% between 1950 and 1951 and the wages of high-skill natives.
c. The May 1968 civil unrest in France lowered the education attainment of affected student cohorts but did not affect their future earnings.
d. In a simple signaling model of education, human capital increases as a result of education.
e. The repatriates from Algeria to France, due to Algeria's independence from France, increased France's labor force by 2%, but Hunt (1992) finds no significant impact on the French labor markets.
Solve with in one hour for upvote
Show in a diagram what happens to unemployment and the welfare loss from a minimumwage when there is automation. Are there more unemployed? Are the people worse off.
Which of the following is not a way that the government has influenced labor in the United States?
A. Requirement that men and women should be paid the same amount for the same job
B. Minimum wage law that sets the baseline for what employees can be paid
C. Requirement that a private company cannot fire an employee without just cause
D. Requirement that employers must treat all workers equally regardless of race, gender, or religion
Chapter 1 Solutions
Contemporary Labor Economics
Knowledge Booster
Similar questions
- 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_forwardAll of the following affect the labor market EXCEPT Social change population shifts the economy world events government actions the forces of competition on staff size armed forcesarrow_forwardThree concepts dominate the discussion of the labor market. The fundamentals dominate the discussion, supply and demand. The fundamentals are in large part responsible for the wages we observe in the labor markets. However, institutions play a major role as well. What is meant by institutions?arrow_forward
- (a) If the government decides to increase income tax rates, will it encourage individuals to drop health insurance? A labor market contains coal mines A and B, which are identical except that mine A has put in place a policy providing safety masks worn by miners that reduces the risk of dust inhalation injuries for workers in mine A. Imagine mine A now closes down and the workers from mine A b. are hired by mine B. What changes, if any, might you predict in the job risk and pay of the persons who previously worked in mine A but now work in mine B. How might your answer change if the safety device was an explosion detection system for the mine? A self-driving car company releases a high-quality study proving that its new model can reduce your risk of death in an automobile accident over the life of the car from 2 in 10,000 to 1 in c. 10,000, a claim no other self-driving care company can make. However, the new model costs $10,000 more than other cars to make. What would you expect to…arrow_forwardWhat reason does not explain why women may earn less than men in the labor market? Women tend to ask for raises less often Women tend to be less productive Having children Occupational choicearrow_forwardThink of a job that either you or a friend/relative held that paid a wage that you thought was either unfair or inequitable compared to the wages or salaries of other positions within the business or within the wider business community. Answer the following questions in relation to that example. On what basis do you think the wage was set? I.e. What factors influenced how much the organization valued the role? Why did you think it was unfair? If there was an opportunity to be covered by a Union contract/agreement, do you think there would have been an increase/decrease in the wage? If you were the employer, what would cause you to increase the wage for that role? and finally, 5. Do you think that the wages/salaries of the main "jobs" in our society are allocated fairly? Provide an example of a role that you think is highly undervalued and explain why. For example, should CEOs and celebrities earn millions of dollars each year compared to child care workers or stay at home parents who…arrow_forward
- Consider two states that adopt different laws concerning labor unions. The following graph shows the labor market in a state in the North. Initially, the market-clearing wage is $15 per hour. Suppose that the legislature in this northern state passes laws that make it easy for workers to join a union. Through collective bargaining, the union negotiates a wage of $24 per hour. Use the black point (plus symbol) to show how many union workers will be employed at the $24 wage. (Hint: Be sure to place the point on the appropriate curve.) Labor Market in the North 30 27 Union Wage Union Negotiations 24 21 Supply 18 15 12 9. 3 Demand 0 3 9 12 15 18 21 24 27 30 LABOR (Millions of workers) WAGE (Dollars)arrow_forwardConsider an economy with two labor markets: one for manufacturing workers and one for service workers. Suppose initially that neither is unionized. Which of the following will happen to the manufacturing labor market if manufacturing workers formed a union? Check all that apply. The wage of manufacturing workers will fall. The demand for manufacturing workers will remain unchanged. The supply of manufacturing workers will increase. Some manufacturing workers will become unemployed. Which of the following describes the effect of the changes in the manufacturing labor market on the market for service workers, which is not unionized? Check all that apply The wage of service workers will fall. The supply of service workers will remain unchanged. The demand for service workers will remain unchanged. There will be an increase in employment in the service sector.arrow_forwardConsider an economy with two labor markets: one for manufacturing workers and one for service workers. Suppose initially that neither is unionized. Which of the following will happen to the manufacturing labor market if manufacturing workers formed a union? Check all that apply. The wage of manufacturing workers will fall. The demand for manufacturing workers will remain unchanged. The supply of manufacturing workers will increase. Some manufacturing workers will become unemployed. Which of the following describes the effect of the changes in the manufacturing labor market on the market for service workers, which is not unionized? Check all that apply. The wage of service workers will fall. The supply of service workers will rise. The demand for service workers will fall. There will be an increase in employment in the service sector.arrow_forward
- Why are coal miners paid more than other workerswith similar amounts of education?arrow_forwardAmerica's welfare systems are closely linked to employment. What does this indicate about U .S. attitudes toward welfare systems?arrow_forwardThe demanders of labor are Select one: a. people who want or demand jobs. b. local and state governments who want to hire federal workers. c. customers who demand a company's products. d. companies that want to hire employees.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Economics (MindTap Course List)EconomicsISBN:9781337617383Author:Roger A. ArnoldPublisher:Cengage Learning
Economics (MindTap Course List)
Economics
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Cengage Learning