1. Define compensating differential and give original examples (not already included in the book or power points) of different jobs that earn higher wages and some that earn lower wages because of compensating differentials.

2. Go to the Education Pays (Links to an external site.) page on the Bureau of Labor Statistics website. Compare and contrast the different levels of education in relation to average wage and unemployment rate.

3. Explain the benefits of higher education in terms of the unemployment rate and average salary figures in the United States per the Education Pays chart.

4. How does this reflect on your own decision to invest in your human capital?

Choose one of the Opinion Poll questions (click here for a list of the questions) and discuss the justification for your view and how you think it fits in with the values of American political society. Initial Posting: 200-400 words. Please give me a good example and good explanation. Please do not copy and paste. thank you

question 1: Taxes on the wealthy should be increased in order to reduce the federal deficit without cung social programs.
​question 2:The United States should send foreign aid to other countries to reduce poverty and help solve other deep social programs experienced by the poorer naons

Using survey data to calculate statistics can be extremely valuable, but you must also make sure that the sample and questions are unbiased. Design a pair of questions that are related to the same healthcare issue: one that is unbiased and another that would result in a bias in one direction or the other. Examples: Do you think that the rate of type II diabetes diagnoses will increase over the next 10 years? Given the large increase in childhood obesity in the United States, do you think that type II diabetes diagnoses will increase over the next 10 years? Discuss why it is important to create a truly unbiased sample and survey questions.

Discuss the pros and cons of having a strong dollar. Until recently, Los Angeles lost revenue and jobs to Canada because the strength of the American dollar made it cost-efficient to move movie and television production out of the country. (It should be noted that Canada also made some fiscal concessions to encourage this change of venue.) However, by 2008, the dollar had weakened so significantly that China was persuaded to announce it could no longer export rice profitably to the United States. Clearly, whether the dollar is weak or strong, there will be winners and losers in the equation. Can you think of any suggestions for equalizing the gains and losses experienced on both sides?

Many corporations take advantage of lower wages and production cost (and taxes) in other countries to produce less expensive products for the American market. The obvious solution is to bring those jobs and companies back to the United States. President Trump has touted such an approach. However, this transition would mean that the things we buy would be more expensive and affect the already tight budget of many Americans. So, here is another loaded question class...which way do we go? Cheaper products made overseas or more expensive products made stateside which bolsters the American job market?

1. In the last 2 months, 40 million Americans have claimed unemployment. We have seen the U.S.A. unemployment rate increase to 14.7%. If the adult population of the United States is 215 million, calculate the Labour Force participation rate. Comment, what do you think are the short term, and long term impact of this level of unemployment. Justify your reasons. State policies that the government can implement to help the this situation.
2. The natural rate of unemployment in Thailand is about 1% and the labor force participation rate is about 68%. Interpret these values. What does it mean for the Thailand’s economy and population? Why is the U-rate so low?

M/PF Research, Inc. lists the average monthly apartment rent in some of the most expensive apartment rental locations in the United States. According to their report, the average cost of renting an apartment in Minneapolis is $951. Suppose that the standard deviation of the cost of renting an apartment in Minneapolis is $96 and that apartment rents in Minneapolis are normally distributed. If a Minneapolis apartment is randomly selected, what is the probability that the price is: (Round the values of z to 2 decimal places. Round answers to 4 decimal places.) (a) $1,000 or moreb0 between 900 and $1,110? c) Between $830 and $930? Entry field with incorrect answer (d) Less than $730?

It is thought that prehistoric Indians did not take their best tools, pottery, and household items when they visited higher elevations for their summer camps. It is hypothesized that archaeological sites tend to lose their cultural identity and specific cultural affiliation as the elevation of the site increases. Let x be the elevation (in thousands of feet) for an archaeological site in the southwestern United States. Let y be the percentage of unidentified artifacts (no specific cultural affiliation) at a given elevation. Suppose that the following data were obtained for a collection of archaeological sites in New Mexico: x 5.25 5.75 6.25 6.75 7.75 y 11 18 28 36 49

Find x

True or False i. The presence of economies of scale make it is easier to achieve expansions of RGDP through increasing economic resources. j. Once it joined the Euro, Greece lost the use of both Monetary Policy and Exchange Rate changes to deal with problems in its economy. k. When a country in financial difficulty has obtained a bailout program from the IMF, it receives funds regardless of its economic performance or policies. l. PPP adjustment to converting a non-US country’s GDP into Dollars generally raises the country’s GDP when prices in the non-US country are lower than in the United States.