Question
In: Economics
True/false/ambiguous. For each of the following, indicate whether the statement is true, false, or ambiguous, and...
True/false/ambiguous. For each of the following, indicate whether the statement is true, false, or ambiguous, and briefly explain your answer. If your answer depends on any assumptions, state them clearly. Use graphs or equations to illustrate your answer whenever it is helpful.
1. A worker should never trust an implicit contract with an employer that pays them less than their marginal product when they first join the firm, but more than their marginal product after many years with the firm, because the employer has an incentive to fire the worker once their wage becomes higher than their marginal product.
2. If the signaling model of the relationship between schooling and earnings is correct, President Obama’s proposal to make community college free for two years could prove completely wasteful.
3. The human capital model predicts that wages across workers will become more equal as they get older, because investments on training while employed will offset initial differences in human capital investments in education.
4. To encourage workers to invest in specific human capital, employers have to pay workers more than their marginal product at the firm after the training is completed.
5. Extraordinarily high CEO pay need not reflect a ripoff of shareholders, but instead can be an optimal compensation scheme that firms use to maximize profits.
Solutions
Rahul Sunny answered 1 year agoRelated Solutions
True/false/ambiguous. For each of the following, indicate whether the statement is true, false, or ambiguous, and...
True/false/ambiguous. For each of the following, indicate
whether the statement is true, false, or ambiguous, and briefly
explain your answer. If your answer depends on any assumptions,
state them clearly. Use graphs or equations to illustrate your
answer whenever it is helpful.
11. In efficiency wage models, employers take the market wage as
given, and then choose the level of effort at which employees are
required to work.
12. Mandatory retirement only makes sense in a delayed
compensation (or underpayment-overpayment)...
True/False: Indicate whether the following statement is true or false. If it is false, indicate the...
True/False: Indicate whether the following statement is true or
false. If it is false, indicate the reason. If it is true, indicate
what makes it true. Just stating true or false will not earn any
points.
"It is not possible to have concave preferences."
For each of the following, indicate whether the statement is true or false and include a...
For each of the following, indicate whether the
statement is true or false and include a brief explanation for your
answer.
a.A pension trust fund appears in the government-wide
financial statements but not in the fund financial statements.
b.Permanent funds are included as one of the
governmental funds.
c.A fire department placed orders of $20,000 for
equipment. The equipment is received but at a cost of $20,800. In
compliance with requirements for fund financial statements, an
encumbrance of $20,000 was...
For each of the following, indicate whether the statement is true or false and include a...
For each of the following, indicate whether the
statement is true or false and include a brief explanation for your
answer.
a.A pension trust fund appears in the government-wide
financial statements but not in the fund financial statements.
b.Permanent funds are included as one of the
governmental funds.
c.A fire department placed orders of $20,000 for
equipment. The equipment is received but at a cost of $20,800. In
compliance with requirements for fund financial statements, an
encumbrance of $20,000 was...
Read each of the following statements, and indicate whether each statement is true or false. A:...
Read each of the following statements, and indicate whether each
statement is true or false.
A: Firms will raise all the common equity they
can from retained earnings before issuing new common stock, because
capital from retained earnings is less expensive than capital
raised from issuing new common stock.
B: The flotation costs associated with the sale
of debt securities are greater than those associated with new
common stock issues
C: Firms raise capital from retained earnings
only when they...
3. Indicate whether each of the following statement is true or false and why: a. Product...
3. Indicate whether each of the following statement is true or
false and why:
a. Product standard cost data are often utilized by managers and
analysts in departments other than the accounting department.
b. Standard cost accounting systems are expensive to
operate.
c. Wage rate variance information is less useful to a production
manager than labor efficiency variance information.
d. When standards cost are set tight and inventories are
growing, a standard cost accounting systems tends to report lower
operating...
Indicate whether each of the following statement is True or False. g) A household purchase of...
Indicate whether each of the following statement is True or
False.
g) A household purchase of new housing constitutes investment
expenditure.
h) The larger the marginal propensity to consume the smaller
the multiplier.
i) Higher consumer confidence in the economy causes a downward
movement along aggregate
demand curve.
j) The higher the interest elasticity of investment the
flatter the IS curve.
k) The lower the interest sensitivity of money demand the
steeper the LM curve.
l) To rescue a country’s...
True or False. Indicate whether the statement is true or false. If false, explain in the...
True or False. Indicate whether the statement is true or false.
If false, explain in the space provided the statement why it is
false, or simply correct the statement.
Smooth muscle contraction is regulated by the autonomic nervous
system. During exercise, the sympathetic nerves that innervate the
smooth muscles of bronchioles and arterioles regulate the
contraction of these smooth muscles to increase ventilation and
cardiac output.
2. Multiple choice: Choose one best statement.
An infant born prematurely has neonatal respiratory...
Indicate whether each of the following statements is true or false. If false, indicate how to...
Indicate whether each of the following statements is true or
false. If false, indicate how to correct the statement.
a. The amount reported for accumulated other comprehensive
income (AOCI) on the balance sheet must be a positive amount
consistent with all other stockholders’ equity accounts.
b. Changes in AOCI are reflected in other comprehensive income,
which is different from net income.
c. Other comprehensive income does not imply a change in
cash.
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.
ADVERTISEMENT
ADVERTISEMENT
Latest Questions
- 1. Consider the following nuclides: &
- In general, teams can be described three ways. Name and define each.
- JAVASCRIPT: Please create an array of student names and another array of student grades. - Create...
- Topic - Construction: Structural, loads, tension 1.) Explain why pure tension members are the most efficient...
- Procter and Gamble (PG) paid an annual dividend of $ 1.62$1.62 in 2009. You expect PG...
- locate a recent case of online child pornography. Write a summary of the incident and describe...
- #Python 5. Write function called evaluate() that evaluates the following Python expressions or assignments as specified:...
ADVERTISEMENT