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- Is a decrease in the unemployment rate necessarily a good thing for a nation? Explain.Chose the trrue statement. a. Sincce the mid 1800ss , Unitedd States of America has experienced substantial migration in workforce in the following order: From service sector to agriculture, and then from agriculture to manufacturing. b. Moderniization or advances in technology, and smarrter processes are example factors that have increased manufacturing productivity in the US. c. The Clarrk-Fisher hypothhesis implies that as productivity increases in one sector, the labor force moves to another sector. d. b and c are true.In which of the following cases is the assumption most reasonable? a. To address the impact of taxes on income distribution, an economist assumes that everyone earns the same income. b. To estimate the speed at which a beach ball falls, a physicist assumes that it falls in a vacuum. c. To address the benefits of trade, an economist assumes that there are two people and two goods. d. To address the impact of money growth on inflation, an economist assumes that money is strictly coins. Hide Feedback Correct
- Morgan, Kayla Use the picture to answer the question. WORK-is-WHAT-I WANT-AND NoT-CHARIT WHO-WILL-HELP-ME CET-A-JOB-7YCARS-I TDETROITO MONEY SENTAWAY FURNISH. IDE-REFERENCES Source Detrol News 1930 (adape How did the New Deal work to provide relief to the man's concerns expressed in the image? O A. by creating jobs through agencies like the Works Progress Administration (WPA) B. by establishing the Agricultural Adjustment Act (AAA) to provide relief to the concerns of farmers. C. by protecting his investments through the Securities and Exchange Commission (SEC) O D. by creating government projects like the Tennessee Valley Authority (TVA) that provided hydroelectric power to new areasThe Economist article on human capital says that human capital theory tries to answer which of the following questions? Why has each new generation spent more time in school than the one that came before? Human capital theory tries to answer all of these questions. O Why should universities charge tuition fees? Why have earnings of highly skilled workers risen even as their numbers have also increased? D Question 4 The Philips reading says that O human capital theory replaces rational expectations theory O human capital theory is an extension of the Ricardian theory of rent O human capital is a central neoclassical economic theory attempting to explain why people receive the wages that they do. all of these answers are correct many economists today reject human capital theory because of the effects of the Great Recession on the labor market human capital theory can now be used to explain the market failures associated with global warmingHello, could you help me answer these questions? 1. What impact do the CSR policies of companies have on job searches? What other factors play a role in people's employment decisions? 2. Would increasing the minimum wage force business's to lay off workers and result in higher unemployment or would it encourage economic growth and increased commerce?
- True or False and explain why. In the labour market, it is assumed that workers are attempting to maximize their utility in monetary terms only.Which of the following does theory of labor migration predict? a. Workers are likely to migrate from low-wage states to high-wage states. b. Workers are likely to migrate from high-wage states to low-wage states. c. Workers migrate randomly. d. Workers migrate at most twice per lifetime. e. Older workers are more likely to migrate than are younger workers.How does an economy recover from structural unemployment and what government actions help to facilitate this recovery?
- What are the likely effects of technological advancements on the labor market in terms of employment and wages? A. Technological advancements lead to widespread unemployment and lower wages. B. Technological advancements create new jobs but generally at lower wages. C. Technological advancements eliminate some jobs but also create new ones, often with higher wages in newly emerging sectors. D. Technological advancements have no significant effect on employment or wages.How can we improve gender parity in employment?How can we reduce the number of low-income workers and increase the number of middle-and higher-income workers?