1) According to the theory of efficiency wages, paying an above-equilibrium wage may increase all of the following except

worker effort.

the natural rate of unemployment.

worker turnover.

the quality of a firm's workforce.

2) The main cause of the decline in labor force participation since 2007 is an increase in the number of

people in school.

retired workers.

discouraged workers.

disabled workers.

3) Complete the following statement.

If an economy has a large number of discouraged workers, the unempoyment rate will remain unaffected/be low and the employment-population ratio will be high/low

4) One explanation for the differing numbers of hours worked in the United States and western Europe is

stronger unions in the U.S.

greater taste for leisure in the U.S.

higher taxes in Europe.

more numerous languages in Europe.

.

The following data set provides information on acres harvested and planted by year and value in the US. Year ASPARAGUS - ACRES HARVESTED ASPARAGUS - ACRES PLANTED 2015 21,700 23,500 2014 23,800 25,800 2013 24,500 26,800 2012 25,300 27,800 2011 26,800 28,400 2010 28,000 29,200 2009 29,200 30,700 2008 32,200 33,700 2007 38,600 40,900 2006 43,200 44,700 2005 49,300 51,700 2004 61,500 66,000 2003 58,000 62,000 2002 66,000 70,500 2001 70,150 75,150 2000 77,400 82,800 1999 75,890 79,590 1998 74,430 From the data set, use the planting data for the United States for recent years. Using a calculator or statistical software, find the equation for the linear regression line for 2010 to 2015. What is the y-intercept?

Sample size: 52

Determine if there is sufficient evidence to conclude the average amount of deaths is equal to 6000 in the United States and territories at the 0.10 level of significance.

1. Clearly state a null and alternative hypothesis
2. Give the value of the test statistic
3. Report the P-Value
4. Clearly state your conclusion (Reject the Null or Fail to Reject the Null)
5. Explain what your conclusion means in context of the data.

LIVE BIRTHS

DEATHS

MARRIAGES

DIVORCES

In the following problem, check that it is appropriate to use the normal approximation to the binomial. Then use the normal distribution to estimate the requested probabilities. More than a decade ago, high levels of lead in the blood put 86% of children at risk. A concerted effort was made to remove lead from the environment. Now, suppose only 8% of children in the United States are at risk of high blood-lead levels. (a) In a random sample of 210 children taken more than a decade ago, what is the probability that 50 or more had high blood-lead levels? (Round your answer to three decimal places.) (b) In a random sample of 210 children taken now, what is the probability that 50 or more have high blood-lead levels? (Round your answer to three decimal places.)

The US health care industry is immense, complex and dynamic. Every country faces the decisions of what services should be produced, how they should be produced, how they should be distributed, and how to allow for growth and innovation? Comment on how these decisions are currently being made in the United States? What are the various purposes that prices served? Can you provide an example of how a particular purpose of price has affected an organization you are familiar with? Once your material is posted, be sure to review and comment on the materials that at least two of your peers have located. Please note: resources cannot be duplicated, so be sure to get into the conversation early! Your initial post to the given topic of discussion should contain a minimum of 2–3 peer-reviewed references.

Unit 9

Discussion Board

The purpose of this assignment is to understand the terms import and export, and then explain the advantages or disadvantages of buying imports rather than buying domestic products. You could, for instance, write about an imported automobile, stereo, or household appliance that you bought or considered buying. Include all of the following points in your discussion.

1. If you were a retailer, would you want to sell domestically made goods or imported items? Please explain why you made this choice.
2. If you wanted to sell a good or service to customers in other countries, what sorts of items do you think you could export?
3. In your opinion, should the United States’ Federal Government support companies that want to enter export markets? Please explain.

The Influence of Advertising

• Time for an honest moment here, stop and think about how much advertising influences your consumption decisions. When is the last time you can remember choosing one product over another because of advertising?

With this question being our starting point, it would be great to see if people can also address the following issues:

• What role does advertising play in influencing consumption in monopolistic competition?
• Does the impact of advertising allow for some price leverage by firms in this market structure? Why or why not?
• Is the United States truly an economy that promotes competition?
• Think about the markets where major oligopolies exist, for instance soft drinks/fast foods and automobile manufacturing, is there really a free market place or do oligopolies/major corporations dominate our economy?

1. One of the major themes of the course thus far has been the double-edged nature of technology, scientific approaches, and “modernity. On one hand these concepts helped bring the United States into the modern world; spurring innovation, firing the modern industrial economy, and largely building the society that still is the basis for this country today. On the other, technology and scientific approaches inflicted terrible consequences as well; fueling racism, driving conquest, and making war much more costly. In your essay, first explain why “modernity” and the thinking that drove it presented so many potential pitfalls. Then provide three concrete examples that illustrate how technology, scientific approaches and modern thinking manifested in dangerous and even regressive ways. (Focusing on the Gilded Age, Imperialism, World War I, and the Twenties may be helpful here)

Question 1

The growth of public-sector and private-sector programs in a market economy increased the need for program management, including the functions of planning, administration, legislation, and regulation

Question 2

The purpose of a health service is to positively affect a person's health—its maintenance, its improvement, or its recovery.

Question 3

Receiving health services is always proven to be effective, and positive outcomes are always likely

Question 3 options:

Question 4

Private health insurance is the greatest source of health insurance coverage for people younger than 65 years.

Question 5

Two types of private health insurance are available in the United States: individually purchased policies, and insurance provided as one of the benefits of employment.