EBK PRINCIPLES OF MICROECONOMICS (SECON
2nd Edition
ISBN: 9780393616149
Author: Mateer
Publisher: W.W.NORTON+CO. (CC)
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Question
Chapter 15, Problem 9SP
To determine
Explain why the numbers of famous people are dropouts from the college.
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"Do Men and Women Earn the Same Amount?"
Please give a reason behind your answer.
Benjamin Franklin said “I think the best way of doing good to the poor is not making them easy in poverty, but leading or driving them out of it”
. What did he mean by this statement?
What factors prompted millions of immigrants to move to large American cities?
Chapter 15 Solutions
EBK PRINCIPLES OF MICROECONOMICS (SECON
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- What factors do economists suppose influence the amount of education people choose to obtain? What are some events that could influence the decision in this framework?arrow_forwardWhat is the Relationship between Education and Human Capital?arrow_forwardWhy inequality still exist? Discuss your answer.arrow_forward
- There are many reasons why women earn less than men. One is attributed to the education and work environment women seek. Women often look for jobs that have normal hours, good working conditions, and safety. True or False?arrow_forwardIn the Fourteenth Amendment of the federal Constitution, the Equal Protection Clause provides that our government, state and federal, shall not discriminate. Affirmative action provides certain minority groups with governmental preferences for employment. Do you think affirmative action is constitutional?arrow_forwardIn what sense is education a type of capital?arrow_forward
- How does a human capital investment in education increase your lifetime earning?arrow_forwardCan we train people out of poverty?arrow_forwardSuppose that, on average, men earn $17 an hour and have an average of 15 years of schooling. Women earn $15 an hour and have an average of 14 years of schooling. If the estimated return to schooling for men is 0.30 (implying that each additional year of schooling translates into an additional 30 cents per hour) and the returns for schooling for women is 0.2, then the gender gap in schooling explains: 10% of the wage gap between men and women. 20% of the wage gap between men and women. 30% of the wage gap between men and women. 15% of the wage gap between men and women.arrow_forward
- Summarize the five most commonly used demographic variables.arrow_forwardHenry George and William Graham Sumner both wrote in the late nineteenth century about poverty and inequality in the industrial era, but from very different angles. How did each of these men view the situation, and what response from the government did they advocate? (Please do NOT answer this question by searching for the life stories of these two men. Please just summarize their ideas concisely, based on your comprehension of them.)arrow_forwardSome people feel that income distribution (equality) should be achieved. Do you agree or disagree with this concept? How would you feel if someone did more work and made more money but then gave you a portion of the profits? How would you feel if you had to give some of your paycheck to someone that did not work as hard. What if the instruction decided to give all the students a grade of "B" including those that did "A" work as well as those that gave "C" effort?arrow_forward
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