Help on Economics HW Q's?

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Asked at 2012-10-05 10:45:04
16. If a successful union urges consumers to boycott products produced by non-union workers, the wage elasticity of labor demand is reduced union: MedlinePlus one. Under no circumstances MedlinePlus b. Because the effect of scale as a result of a change in wages will be lower in magnitude since the boycott reduces the price elasticity of demand for production MedlinePlus c. Because the substitution effect in the labor market as a result of a change in wages will be lower in magnitude since the boycott reduces the price elasticity of demand for production MedlinePlus d. Because labor demand falls in response to boycott MedlinePlus MedlinePlus 17. Union sponsored boycotts of goods made by nonunion workers affect the elasticity of demand for unionized workers to affect: MedlinePlus one. Substitution effect on the labor market MedlinePlus b. Scale effect in the labor market MedlinePlus c. None of the above is correct MedlinePlus MedlinePlus 18. A national labor market is more likely to exist when MedlinePlus one. There are many employers and employees in the most MedlinePlus b. Relatively few employers and employees in most regions MedlinePlus c. Most senior positions in companies are filled by promotions within MedlinePlus d. None of the above is correct MedlinePlus MedlinePlus 19. Economic theory predicts that the overall training costs would be: MedlinePlus one. workers by MedlinePlus b. Paid MedlinePlus companies c. Shared between workers and firms
d. None of the above is correct MedlinePlus MedlinePlus 20. During a recession, companies are more likely to dismiss workers who possess: MedlinePlus one. Only company-specific training MedlinePlus b. MedlinePlus only general training MedlinePlus 21. Productivity is likely to decline more during a recession to labor markets where workers have a high level: MedlinePlus one. MedlinePlus general training b. Signature MedlinePlus specific training c. MedlinePlus either general or specific training in a company d. None of the above is correct MedlinePlus MedlinePlus 22. Suppose some previously discouraged workers start looking for work because they become more optimistic about their job prospects. The immediate effect of this is expected to be:
one. An increase in the unemployment rate. MedlinePlus b. A decrease in the unemployment rate. MedlinePlus c. An unemployment rate unchanged. MedlinePlus d. A reduction in the rate of labor participation. MedlinePlus MedlinePlus 23. The introduction of government-mandated health insurance for all employees would result in a substitution effect: MedlinePlus one. Increases employment and increases the duration of the working week. MedlinePlus b. Lower employment and reduces the length of the workweek from MedlinePlus c. Reduces employment and increases the length of the working week
d. Increases employment and reduces the duration of the working week. MedlinePlus MedlinePlus 24. As the wage increases, the quantity demanded of labor will be reduced: MedlinePlus A. Under no circumstances MedlinePlus B. Only if the substitution effect exceeds the current scale. MedlinePlus C. Only if the scale effect exceeds the substitution effect MedlinePlus D. As a result of the effects of both the substitution and scale.
MedlinePlus 25. Statistical discrimination is expected to be _______ in companies that rely on the use of internal labor markets. MedlinePlus one. More likely MedlinePlus b. Less likely MedlinePlus c. MedlinePlus also likely MedlinePlus 26. An increase in mandated overtime premium is expected to cause the number of people with jobs: MedlinePlus one. Rise, provided the replacement effect is greater than the scale effect MedlinePlus b. Arise, provided that the scale effect is greater than the substitution effect. MedlinePlus c. MedlinePlus unchanged d. Fall MedlinePlus MedlinePlus 27. The substitution effect associated with a decrease in salary is expected to cause the quantity of labor demanded by a typical company: MedlinePlus one. Increase MedlinePlus b. Decrease MedlinePlus c. MedlinePlus remain constant d. change in an unpredictable way MedlinePlus MedlinePlus 28. The effect of scale associated with an increase in salary is expected to cause the quantity of labor demanded by a typical company: MedlinePlus one. Increase MedlinePlus b. Decrease MedlinePlus c. Remains constant MedlinePlus d. The change in an unpredictable manner MedlinePlus MedlinePlus 29. As the wage rate increases:
one. The substitution effect reduces the quantity of labor demanded MedlinePlus b. The scale effect reduces the quantity of labor demanded MedlinePlus c. The two above are correct
d. None of the above are correct
MedlinePlus 30. Which of the following is not correct to characterize the general trends in labor force participation rates in the last 50 years? MedlinePlus one. The participation rate has fallen for married women MedlinePlus b. The labor force participation has declined in men between the ages of 18 and 21. MedlinePlus c. The rate has declined in men 65 years or older. MedlinePlus MedlinePlus MedlinePlus I just want to check my answers against you so if you can answer any or any that would be great. Thank you!
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