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Assume an employer offers a base wage of twenty dollar per hour for the 1st 40-hours of a work each week and overtime pay of thirty dollar per hour for any hours beyond forty per week; the employer allows workers to choose their own hours of work. Suppose employee A chooses to work thirty-six hours per week and employee B chooses to work forty-two hours per week. Compute the average weekly earnings for employees A and B, and compute the "earning gap" (in percentage terms) between them. In your view, does this observed earnings gap constitute discrimination? Justify conclusion.
A recent British study found that married mean earned more than unmarried men---but only if their wives did not have full-paid employment. Suggest an explanation for this finding. (Hint: In which case is a man more likely to share in the household responsibilities, including child care?)
Women who own their own businesses earn net profits that are only half as large as the net profits earned by men who own their own businesses. First, consider why women would be willing to accept lower profits. Could this reflect poorer options for women as employees? Alternatively, could it reflect other attributes of self-employment that women might fing more advantageous than do men? Then think about why women do earn lower profits. Is this evidence of discrimination? If so, by whom? If not, what else might account for the lower profits?
Why do you think we have laws that prohibit discrimination in pay based on sex or race but permit employers to discriminate in pay based on education or experience?
Connor knows that the two 'P' represent the key to sustained economic development for low income countries. The two 'P' are labour productivity growth and poverty decrease.
Explain how will reduced smokers affect the GDP in the long and short run. What does increased revenue from cigarette taxes do to the deficit and budget.
Explain how would you justify the long-term nature of your contract with CGI Group.
Explain how does the economy effect the Airline Industry. What are economic influences that affect the industry in a negative way.
It is a study guide which will help students to further research the topic.
Suppose you are Chief Economist of the FCC. The Chairman has called you in to discuss a thorny issue. Two wireless broadcasters operate on adjacent frequencies.
Find out the optional number of units to put in a package. How much should the firm charge for this package?
Calculate the price elasticity of demand for paint and Illustrate the calculations.
Illustrate how is the magnitude of each affected if, instead of a moderate inflation, hyperinflation occurs.
The New York Times cost $0.15 in 1970 and $0.75 in 2000. Average wage in manufacturing was $3.23 a hour in 1970 and $14.32 in 2000.
If the desired fiscal stimulus is $20 billion and the desired AD increase is $50 billion, we can conclude that the MPC is:
Assume that tuition prices suddenly go up 20 percent. What impact will this single price increase have on the CPI.
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