Category: business-economics

Order the answer to: In 2006, Evo Morales assumed the presidency in Bolivia, a

business-economics

Order the answer to: In 2006, Evo Morales assumed the presidency in Bolivia, a

Posted By George smith

Question
In 2006, Evo Morales assumed the presidency in Bolivia, a South American country in which official commerce is done in Spanish. Morales is the first Bolivian president of indigenous decent. As president, he quickly instituted reforms that were designed to reduce discrimination

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Order the answer to: Consider a data set with the following descriptive statistics.
Table 1.

business-economics

Order the answer to: Consider a data set with the following descriptive statistics. Table 1.

Posted By George smith

Question
Wage is the worker’s hourly wage; Black takes on a value of 1 if the worker is Black and a value of 0 otherwise; work experience is actual years of work experience, schooling is measured in years; and % female occupation is

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Order the answer to: Suppose the discrimination coefficient increases as the firm employs more

business-economics

Order the answer to: Suppose the discrimination coefficient increases as the firm employs more

Posted By George smith

Question
Suppose the discrimination coefficient increases as the firm employs more black workers. In particular, suppose the discrimination coefficient is d = 0.01EB where EB is the number of blacks hired by the firm so that each employer facing competitive wages of wW

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Order the answer to: Suppose 100 men and 100 women graduate from high school.

business-economics

Order the answer to: Suppose 100 men and 100 women graduate from high school.

Posted By George smith

Question
Suppose 100 men and 100 women graduate from high school. After high school, each can work in a low-skill job and earn $200,000 over his or her lifetime, or each can pay $50,000 and go to college. College graduates are given a

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Order the answer to: Consider a town with 10 percent blacks (and the remainder

business-economics

Order the answer to: Consider a town with 10 percent blacks (and the remainder

Posted By George smith

Question
Consider a town with 10 percent blacks (and the remainder is white). Because blacks are more likely to work the night shifts, 20 percent of all cars driven at night are driven by blacks. One out of every twenty people driving at

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Order the answer to: After controlling for age and education, it is found that

business-economics

Order the answer to: After controlling for age and education, it is found that

Posted By George smith

Question
After controlling for age and education, it is found that the average woman earns $0.80 for every $1.00 earned by the average man. After controlling for occupation to control for compensating differentials (i.e., maybe men accept riskier or more stressful jobs than

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Order the answer to: Feeling that local firms follow discriminatory hiring practices, a non-profit

business-economics

Order the answer to: Feeling that local firms follow discriminatory hiring practices, a non-profit

Posted By George smith

Question
Feeling that local firms follow discriminatory hiring practices, a non-profit firm conducts the following experiment. It has 200 white individuals and 200 black individuals, all of whom are similar in age, experience, and education, apply for local retail jobs. Each individual applies

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Order the answer to: Phil has two periods of work remaining prior to retirement.

business-economics

Order the answer to: Phil has two periods of work remaining prior to retirement.

Posted By George smith

Question
Phil has two periods of work remaining prior to retirement. He is currently employed in a firm that pays him the value of his marginal product, $50,000 per period. There are many other firms that Phil could potentially work for. There is

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Order the answer to: A country has two regions, the North and the South,

business-economics

Order the answer to: A country has two regions, the North and the South,

Posted By George smith

Question
A country has two regions, the North and the South, which are identical in all respects except the hourly wage and the number of workers. The demand for labor in each region is:
(a) What is the wage in each region?
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Order the answer to: In the absence of any legal barriers on immigration from

business-economics

Order the answer to: In the absence of any legal barriers on immigration from

Posted By George smith

Question
In the absence of any legal barriers on immigration from Neolandia to the United States, the economic conditions in the two countries generate an immigrant flow that is negatively selected. In response, the United States enacts an immigration policy that restricts entry

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