Human Capital

A. Supply of labor
B. Short-run demand curve for labor
C. marginal cost of labour
marginal revenue product of labor

A. increase; increase
B. increase; reduce
C. reduce; reduce
D. reduce; increase

A. One employee is more attractive than another
B. One employee is more educated than another
C. All of these answers generated
D. One employee works harder than another
E. One employee is willing to work the nightshift while another is not.

A. different preferences for the type of work they are willing to do
B. different levels of job experience
C. all of these answers are correct
D. different levels of education

A. The existence of a wage differential among groups is strong evidence of discrimination in the labour market
B. Discrimination can only persist in a competitive labour market it customers are willing to pay to maintain the discriminatory practice or the government requires discrimination
C. Bigoted employers are the main source of a persistent discriminatory wage differential in a competitive market
D. Discrimination cannot exist in a competitive labor market

A. productivity
B. age
C. sex
D. race

A. decrease in the demand for unskilled workers because of increases in technology and increases in international trade
B. increase in the number of unskilled workers available due to immigration into the UK.
C. decrease in the demand for unskilled workers are more poorly educated
D. increase in the number of unskilled workers available because workers are more poorly educated

A. women obtaining less human capital because they don’t plan to work continuously to the age of retirement
B. Women entering and leaving the labour force to care for children
C. customers preferring to deal with men
D. women preferring to work in pleasant clean safe work places
E. all of these answers

A. All of these answers could be source of a persistent discriminatory wage differential
B. the customer
C. the government
D. the employer

A. Working the night shift
B. working harder
C. more education
D. having a greater amount of natural ability
E. doing a job that is fun