Question
In: Economics
State whether each of the following six propositions is true or false. In 2-3 sentences, explain...
State whether each of the following six propositions is true or false. In 2-3 sentences, explain why. Use diagrams if helpful.
a. Suppose the government passes a law requiring “profit-sharing”; every year, firms must give at least 50% of their profits to their workers.
T, F, and Explain: As long as wages are flexible, wages will fall, leaving workers’ well-being unchanged.
b. T, F, and Explain: With a volunteer army, wars are bad for taxpayers. With conscription, wars are bad for soldiers.
c. Suppose workers under-invest in education because of credit market imperfections.
T, F, and Explain: No-interest education loans are the most efficient government response.
d. Suppose native-born Americans and immigrants have exactly the same skills.
T, F, and Explain: Immigration will reduce Americans’ average standard of living.
e T, F, and Explain: If wages can’t adjust, increasing the strictness of safety regulations will reduce employment.
6. The Internet makes it easier for people to learn about employers’ reputations.
T, F, and Explain: This makes firms less willing to temporarily overpay inexperienced workers.
f. IQ tests are a good predictor of job performance.
T, F, and Explain: If IQ tests were culturally biased against immigrants, immigrants would have lower job performance than natives with the same IQ.
Solutions
Rahul Sunny answered 2 years agoRelated Solutions
State whether each of the following six propositions is true or false. In 2-3 sentences, explain...
State whether each of the following six propositions is true or
false. In 2-3 sentences, explain why. Use diagrams if helpful.
a. Suppose the government passes a law requiring
“profit-sharing”; every year, firms must give at least 50% of their
profits to their workers.
T, F, and Explain: As long as wages are flexible, wages
will fall, leaving workers’ well-being unchanged.
b. T, F, and Explain: With a volunteer army, wars are
bad for taxpayers. With conscription, wars are bad...
Q4. State whether the following are true or false with a brief explanation (1-2 sentences). (i)...
Q4. State whether the following are true or
false with a brief explanation (1-2 sentences).
(i) Given a control volume with one inlet and two exits, the two
exits must have identical mass flow rates.
(ii) You are given a control volume with one inlet and one exit
such that more ‘mechanical energy’ is coming in than going out
(‘mechanical energy’ is the sum of enthalpy, kinetic energy and
potential energy per unit mass), but are given no information on...
3. (14) State whether each of the following is True or False. a. A smaller sample...
3. (14) State whether each of the following is True or
False.
a. A smaller sample could provide less sampling error than a
larger sample from a given population.
b. The correct critical value a lower tail hypothesis test when
sigma is unknown, the sample size = 15, and alpha = 0.05 is
-1.645.
c. A larger sample size can reduce the potential for extreme
sampling error.
d. It is impossible for the population mean to equal the mean of...
Please state whether each of the following statements is TRUE or FALSE, and then explain your...
Please state whether each of the following statements is TRUE or
FALSE, and then explain your choice briefly.
Please start your answer by writing either TRUE or FALSE.
Answers without that clear statement at the beginning, and with
excessively long (more than 2-3 short sentences) explanations will
be penalized.
Banks can still influence the money supply if they are required
to hold all deposits in reserve.
In the months of November and December, people in the U.S. hold
a larger...
A1.State whether each of the following is true or false. If false, explain why: a.In C++...
A1.State whether each of the following is true or
false. If false, explain why:
a.In C++ the operator for raising to a power has lower
precedence than the multiplication operator
b.In C++ the statement
x = y = x = 0;
is illegal.
c.In C++ the expression
x < y < z
is illegal.
d.In C++ the expression
x <= y = z
is legal.
A2.Consider the following program:
void main() {
enum direction { EAST, WEST, NORTH, SOUTH };...
Exercise 4.8. For each of the following, state whether it is true or false. If true,...
Exercise 4.8. For each of the following, state whether it is
true or false. If
true, prove. If false, provide a counterexample.
(i) LetX beasetfromRn. ThesetX isclosedifandonlyifX isconvex.
(ii) Let X and Y be sets from Rn. If X ∩Y is closed and convex
then Xand Y are both closed and convex sets.
(iii) LetX beanopensetandY ⊆X. IfY ≠∅,thenY isaconvexset.
(iv) SupposeX isanopensetandY isaconvexset. IfX∩Y ⊂X then
X∪Y isopen.
4. Indicate whether the following propositions are true or false and argue the reasons: a. A...
4. Indicate whether the following propositions are true or false and argue the reasons:
a. A body on which various forces act, the resultant of which is different from zero, remains at rest.
b. A body that has no acceleration is not subjected to any force.
c. If the speed of a body is zero at a given instant, it is because the resultant of all the forces acting on it is zero at that instant.
d. The speed of...
State whether EACH of the following statements are true or false. A. A fraction A of...
State whether EACH of the following statements are true or
false.
A. A fraction A of the Sun’s radiation gets reflected off the
atmosphere. (T/F)
B. The Earth surface radiates both visible and infrared
radiation. (T/F)
[
C. Most of the visible radiation from the sun is absorbed by the
atmosphere. (T/F)
D. The atmosphere emits thermal infrared radiation. (T/F)
E. The greenhouse effect is due to the thermal...
QUESTION 4 State whether each of the following are TRUE or FALSE, and explain your reasoning...
QUESTION 4
State whether each of the following are TRUE or FALSE, and
explain your reasoning for the answer:
The binomial distribution is defined by its mean and standard
deviation.
As the sample size increases, the standard error of the mean
decreases.
If the population distribution is unknown, in most cases the
sampling distribution of the mean can be approximated by the normal
distribution if the samples contain at least 10 observations.
(b) Suppose the following trend
line and seasonal...
True/False (3 pts each) Indicate whether the statement is true or false. If true, explain why...
True/False (3 pts each)
Indicate whether the statement is true or false.
If true, explain why it is true and/or give examples to
support it. If false, explain why it is false.
2.An increase in plasma osmolality will cause more secretion
of ADH.
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