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Understanding Wage Discrimination
This is the last discussion. If you are satisfied with your grades on the other three discussions, you need not do it. I will drop the lowest graded discussion. That said, it is an interesting topic.
Wage discrimination occurs when two different groups of people with identical characteristics are paid differently (e.g. groups such as males/females or whites/non-whites). In 2010, the median income of full-time yearly workers was $42,800 for men, compared to $34,700 for women (Wikipedia). This difference is often referred to as the gender gap.
Discusses the pay for different professions (majors). Given the video, please discuss whether or not the above gender gap can be attributed solely to wage discrimination. As you think about this issue, consider causation versus correlation. Does being female (male) cause lower (higher) wages or is some other mutual influence producing the correlation of wages to gender?
Studio 1 and Studio 2 are movie producers. They have the option of producing either a romance or a suspense film. If they both produce a romance film, they make $900m in profit. If they both produce a suspense film
Who gains and who loses from a tariff and How do the effects of tariffs differ from the effects of quotas? If you were a small country, what would you rather utilize?
you have been part of the orthopedic center for 5 years. in that time you have seen the center grow and the need for
Explain with the use of diagrams where appropriate how perfect competition leads to allocative productive and dynamic efficiency - Why is the case and how is this related to game theory scenarios such as the Prisoner's dilemma?
Find the net present value of a project that has cash flows of -$12,000 in Year 1, +$5,000 in Years 2 and 3, -$2,000 in Year 4, and +$6,000 in Years 5 and 6.
How do tax changes and government expenditure affect aggregate demand (AD)? Explain the role of built-in stabilizers in preventing recession and excessive inflation. When are budget deficits useful to public policy?
If you were a City Manager, what kind of data or statistics would you like to see before making a decision regarding the purchase and implementation of a body worn camera initiative.
The Solow equilibrium income equation 4.5 in the text says that y = Y/L = (s/n) a/1-a, that is, that income per person, y, which is simply total GDP (Y).
Because agricultural demand is inelastic, a technological advance which lowers production costs will reduce total revenue. Thus, farmers have no incentive to introduce such a technique.
Question: Do brief research on ASEAN Economic Community (AEC) and discuss on the following questions: How does the AEC affect the multinational firms investing in AEC members? What is the effect of AEC on the U.S. economy?
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Write about the problem or issue as if you are explaining it to someone who has never taken an economics class. Be sure to explain the key concepts and terminology of both microeconomics and macroeconomics within your paper.
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