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the box " The Return of Education and the Gender Gap":
a) consider a man with 16 years of education and 2 years of experience who is from a western state. Use the result and the method in key to estimate the expected change in the logarithm of average hourly earnings (AHE) associated with an additional year of experience.
b) repeat (a) assuming 10 years of experience.
c) explian why the answers to (a) and (b) are different.
d) is the difference in the answers to (a) and (b) statistically significant at the 5% level? explian.
e) would your answer to (a) through (d) change if the person were a women? if the person were from the south? Explain.
f) how would you change the regression if you suspected that the effect of experience on earnings was different for men than for women?
Assume that there are many countries capable of producing two goods, and that each country has only one factor of production, labor.
Illustrate what are the gains and losses for consumers in these types of international production and trading patterns.
Delmar Custom Homes (DCH) uses two types of crews on its Long Island, NY, home construction projects. Type A crews consist of master carpenters and skilled carpenters, whereas B crews include skilled carpenters and unskilled labor.
Under what conditions does a nominal tariff applied to an import product overstate or understate the actual, or effective, protection afforded by the nominal tariff? Less-developed nations sometimes argue that the industrialized nations' tariff st..
An individual who owns a share of a corporation and is entitled to part of its profits is the director officer president stockholder.
In terms of expansionary or contractionary policies, which do policy do you see more in line with the politics of the Democratic Party.
In your opinion, do you feel education is important in getting a better job and earning more money. Why or why not? Do you believe there are opportunity costs to furthering your education? If so, what are they? If not, why?
The federal government, in an effort to stimulate the economy also decreases taxes on all individuals except those earning over $250,000 per year.
Find out the equilibrium market price. Find out the profits of the leader and the follower
Justify that the objective of a benevolent government should be to maximize TPB(Q)-TSC(Q), by choosing the right level of Q. Then, write, interpret, and solve the resulting first order necessary condition for an optimum (remember the first order c..
what criteria did you use to determine your strategy What risks does your strategy entail, and are the potential rewards worth those risks 3) What adjustments might you have to make to your business to be successful with your new venture
An analyst created reformulated balance sheets for the yeas 2007 and 2006 as follows, Compute the free cash flow for 2007.
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