Difference btwn human capital and signal theory of education

Assignment Help Econometrics
Reference no: EM13184800

1. Job A pays $30,000 a year. Job B is completely identical in all aspects except it is located in an area that has a 10% higher cost of living. In order to compete, Job B would need to pay _. This is known as a _____.

2. Explain the difference between the human capital and signaling theories of education.

3. Briefly describe each of the 4 main pieces of labor legislation.

Reference no: EM13184800

Questions Cloud

State stretch equals the mass of the hydrogen atom : Assuming the reduced mass associated with the stretch equals the mass of the hydrogen atom, preduct the frequency of the C-D stretch of CDCl3
Calculate the companys taxable income : Advise the directors on the assessability and deductibility for income tax purposes of each of the separate items of income and expenses
Do us producer of tradable good prefer strong or weak dollar : In recent years the exchange rate of the $ has been noticeably high against the yen. If for some reason investors around the world now decide that this increase is a temporary phenomena and that the $ will fall relative to the yen in coming months..
Discuss if entrant is better off with or without the ability : In the text, we considered a sequential move game in which an entrant was considering entering an industry in competition with an incumbent firm. Consider now that the entrant, if fought, has the possibility of withdrawing from the industry (at a..
Difference btwn human capital and signal theory of education : 1. Job A pays $30,000 a year. Job B is completely identical in all aspects except it is located in an area that has a 10% higher cost of living. In order to compete, Job B would need to pay. This is known as a. 2. Explain the difference ..
Discuss the motivation of policymakers : 1.Government policymakers may be elected politicians or appointed experts. Describe some of the specific decisions made by policymakers that affect you personally 2. Discuss the motivation of policymakers. Are they held accountable by voters
The van der waals equation of state holds for the n-propane : Assume the van der Waals equation of state holds for the n-propane molecule (C3H8). Find values for the constants a and b (online) and use these to calculate the density in (g ml^-1) at a temperature of 1000K and a pressure of 10 atm
Define the pressure is the same everywhere in the pipe : When the gas is not flowing, the pressure is the same everywhere in the pipe. How high above the bottom of the manometer would the mercury be in the arm connected to the pipe?
State mechanical equilibrium : Two liters of argon gas at 300 K and 5 atm are expanded against a constant opposing pressure of 1 atm until mechanical equilibrium is achieved.

Reviews

Write a Review

Econometrics Questions & Answers

  Gross domestic product effect on computer hardware industry

Make an in depth analysis on how your prediction of indicators Gross Domestic Product, Producer Price Index and Retail Sales or PC Retail Sales will effect the Dynamic Random Access Memory industry.

  How much economic profit will each medallion holder earn

Now suppose the city council of Metropolis decides to curb congestion in the downtown area by limiting the number of taxis to 6. Applicants participate in a lottery and size winners get a medallion (a permanent license). What is the new equilibriu..

  How much profit will the monopolist make

Suppose a monopolist faces the following demand curve: P = 596 - 6Q. Marginal cost of production is constant and equal to $20, and there are no fixed costs. a) What is the monopolist's profit-maximizing level of output? MR = (P-MC)*Q MR = (596 - 6Q -..

  Estimate the parameters in this model uniquely

What is wrong with this specification? Why is least squares unable to estimate the parameters in this model uniquely? What happens when you try to estimate this model using STATA? Verify that the coefficients on education and experience variables f..

  What is the fixed cost of production per month

Suppose a pizza parlor has the following production costs: $3.00 in labor per pizza, $1.oo in ingredients per pizza, $0.20 in electricity per pizza, $2000 in restaurant rent per month, and $450 in insurance per month. Assume the pizza parlor produ..

  Consumer price index calculation

The agency of Labor Statistics follows 5-steps to calculate Consumer Price Index. Determine three strengths and three weaknesses of the Consumer Price Index calculation.

  Calculate the unemployment rate

The following table gives the joint probability distribution between employment status and college graduation among those either employed or looking for work (unemployed) in the working age U.S. population for 2008.

  Calculate the optimal number of machines for the lowest cost

The machining time per piece if 0.164 h, and the machine loading time is 0.038h. With an operator rate of $12.80/h and a machine rate of $14/h, calculate the optimal number of machines for the lowest cost per unit of output.

  Show that the preferred relation is transitive for mac

Mac Rowe doesn't sweat the petty stuff. In fact, he just cannot detect small differences. He consumes two goods, x and y. He prefers the bundle (x,y) to the bundle (x',y') if and only if (xy - x'y' > 1) . Otherwise he is indifferent between the tw..

  What is the money multiplier

If the reserve ratio is lowered to 8%, what is the money multiplier and what is the maximum amount of money created by the same $5000 deposit, In a t-account show the bank balances for a $5000 deposit with a 10% reserve ratio. What is the money mu..

  Who are the winners and losers of the minimum wage

the minimum wage in this market is $8, what is the impact on the market? Who are the winners and losers of the minimum wage? Draw a graph and mark the areas to show the impact of the minimum wage.

  Determine the marginal propensity to consumed

Suppose that real GDP is $1,500 and potential GDP is $1,200, while the marginal propensity to consume is 0.8. If the government is going to engage in government spending and change taxes. If the government increases taxes by $20, how much will it ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd