Briefly Discuss the following questions: 1. The Schooling Model 2. The Wage Schooling Locus 3. On-the-Job...

Briefly Discuss the following questions: 1. The Schooling Model 2. The Wage Schooling Locus 3. On-the-Job Training 4. Determinants of Migration 5. Consequences of Migration

Expert Solution

Rahul Sunny answered 1 year ago

Answer both questions 9.) (ch 6) Suppose that Danielle’s wage-schooling locus is given by Years of...

Answer both questions 9.) (ch 6) Suppose that Danielle’s wage-schooling locus is given by Years of Schooling Earnings 6 $10,000 7 12,800 8 16,000 9 18,500 10 20,350 11 22,000 12 23,100 13 23,900 14 24,000 a) Derive the marginal rate of return (MRR) schedule. When will Danielle quit school if her discount rate is 10 percent? b) Suppose the government imposes an income tax of 20% on both labor earnings and interest income. What is the impact ofthis income...

The wage-schooling locus is A. downward sloping because education is generally productive. B. upward sloping because...

The wage-schooling locus is A. downward sloping because education is generally productive. B. upward sloping because education is generally productive. C. backward bending. D. horizontal because wages are unrelated to schooling. E. vertical because education is a public good. Present value calculations allow one to determine A. the return to an uncertain asset. B. the present-day costs and/or benefits of various options. C. the utility value of a particular option. D. the social cost of financial calculations. E. the real...

Please answer these following questions briefly. 1. What is bond? 2. What is mutual fund? 3....

Please answer these following questions briefly. 1. What is bond? 2. What is mutual fund? 3. How much car insurance do you need? 4. What is the certificate of deposit (CD)? 5. What is a 401(k)?

1. Discuss the purpose of a listing agreement. 2. Briefly discuss the 3 types of listing...

1. Discuss the purpose of a listing agreement. 2. Briefly discuss the 3 types of listing agreements and identify the listing agreement that is most commonly used. 3. Describe the minimum elements a listing agreement should include. 4. Absent of a specific written agreement between the real estate broker and the seller, can a broker charge the seller for any other expenses (advertising, overhead, sales expenses) the broker incurrs in marketing the property? 5. Discuss the purpose of the safety...

3) Using Becker’s model of on-the-job training answer the following questions: (i) What is general training...

3) Using Becker’s model of on-the-job training answer the following questions: (i) What is general training and who pays for general training? Use a diagram as part of the explanation. (ii) What is firm-specific training and who pays for firm-specific training? Use a diagram as part of the explanation.

Discuss the implications of job search theory for the following phenomena:  Unemployment duration  Wage...

Discuss the implications of job search theory for the following phenomena:  Unemployment duration  Wage rigidity over the business cycle

ANSWER BELOW QUESTIONS IN FEW SENTENCES ONLY (2-3 MAX) Briefly discuss the role of Python in...

ANSWER BELOW QUESTIONS IN FEW SENTENCES ONLY (2-3 MAX) Briefly discuss the role of Python in Business Analytics and Data Science Pick a programming language or a tool to conduct data analysis, such as Excel or R, or Java. Compare this tool with Python in terms of ease of use, effectiveness in data analysis, etc. Explain Python Variable Types

discuss this models (1- health belief model, 2- health promotion model, 3- resource model of preventive...

discuss this models (1- health belief model, 2- health promotion model, 3- resource model of preventive health behavior, 4- human ecologic model )

Briefly discuss the following theories of poverty. a. The Institutional Model b. The Neoclassical Model

Answer the following questions briefly and concisely. 1. What is audit sampling? 2. Define the following...

Answer the following questions briefly and concisely. 1. What is audit sampling? 2. Define the following terms: a. Error in the context of tests of controls b. Error in the context of substantive tests 3. What are the two components of detection risk? Explain each component briefly. 4. Can you eliminate sampling risk? Explain. 5. Describe the relationship between sampling risk and sample size.

Question