New immigrants generally face an “entry effect” in terms of the wages they can expect to earn relative to a comparable local-born worker. Based on your understanding of the course material, describe three factors that may contribute to this entry effect.

Suppose the demand for the Vietnamese inexpensive products from many countries over the world have increased by about 15 percent even under the Coronavirus pandemic in 2020 (from January through August). Suppose further that the demand for Vietnamese skilled workers by the Vietnamese companies producing new high-tech and advanced products have decreased by about 10 percent in 2020 compared to those in 2019. What has happened to the wage gap between Vietnamese skilled and unskilled workers in 2020? Which of the following is MOST appropriate for an answer? A. The wage gap is most likely to fall. B. It is hard to predict unambiguously how the wage gap changes given above information. C. The wage gap is most likely to rise. D. The wage gap is most likely to be little changed.   Perhaps b and c weren't the answer. Please let me know why the answer you chose is correct.

Suppose the government introduced a child benefit equal to $7000 per year. For every dollar earned by the family, the benefit amount is reduced by 7 cents. At what level of earnings will the family no longer receive a child benefit?

Occupational licensing has much the same effect as: Select one: a) monopsony b) inclusive unionism c) exclusive unionism d) bilateral monopoly e) oligopoly

A college education will more than likely lead to a higher lifetime stream of earnings (all things being equal) for those who obtain one. True  False

In the competitive labor market model of this chapter, the "value of the marginal product minus the wage" (MPL xP - W) for a given unit of labor (e.g., worker) gives Group of answer choices a) the change in output from the unit of labor being considered. b) the change in profit from the unit of labor being considered. c) the change in revenue from the unit of labor being considered. d) the change in price from the unit of labor being considered. e) the change in cost from the unit of labor being considered.

Explore the effects of artificial intelligence (AI) and automation on the wage gap between skilled and unskilled labor. Analyze the potential long-term shifts in labor demand across various sectors and evaluate policy measures that could be implemented to ensure equitable wage growth and employment opportunities in an increasingly automated economy.

Empirical studies show that the average woman earns $0.80 for every dollar earned by the average man, after controlling for age and education.  Further, the average woman earns $0.92 for every dollar earned by the average man after controlling for occupation . The conclusion is made that occupational choice reduces the wage gap 12 cents and discrimination is left to explain the remaining 8 cents. a) Explain why discrimination may explain more than 8 cents of the 20 cent differential (and occupational choice may explain less than 12 cents of the differential). b) Explain why discrimination may explain less than 8 cents of the 20 cent differential.

None

Offering higher than equilibrium wages can be expected to  a)increase the cost of losing a job. b) prompt some workers to put up with some strict rules and to be obedient to management. c)inspire effort fromthose who can't be monitored directly on a daily basis d) reduce training cost and increase efficiency. over time.  e) all of the above.