Government finds that a lot of employers are prejudiced

Assignment Help Business Economics
Reference no: EM13981420

The government finds that a lot of employers are prejudiced, and discriminate against foreign workers. The secretary of labor offers the President three options to deal with this problem: 1. Arrest all employers who are hiring foreign workers at less than the market wage. 2. Introduce laws to improve the competitiveness of the labor market and economy, 3. Introduce an equal-work-for-equal-pay law that forces employers to pay the same market wage to both US and foreign workers. Explain how each of these solutions affects the labor market, foreign and US workers, and select the best solution.

Reference no: EM13981420

Questions Cloud

What is the period of the motion : Using the graph shown, Draw the velocity vs. time graph given the position vs. time graph of a pendulum.
How big should abebi equal payments be : If the annual interest rate is 9%, how big should Abebi's equal payments be? (Enter just the number without the $ sign or a comma; round off decimals.)
Receives a masters degree that is very difficult to get : You start to work for a company that pays you wage $x per hour. The company then offers a raise to any employee that receives a master’s degree that is very difficult to get, yet has no direct benefit to job performance. a) Explain the company’s reas..
Accomplish in studying decision analysis : Decision analysis can be used on itself! What do you want to accomplish in studying decision analysis? Why is decision analysis important to you? In short, what are your fun damental objectives in studying decision analysis?
Government finds that a lot of employers are prejudiced : The government finds that a lot of employers are prejudiced, and discriminate against foreign workers. The secretary of labor offers the President three options to deal with this problem: Arrest all employers who are hiring foreign workers at less th..
Draw a decision tree of situation : Draw a decision tree of this situation. Draw an influence diagram of the situation. Before deciding, the decision maker considers listening to the weather forecast on the radio. Draw an influence diagram that takes into account the weather forecast.
Warranties-product liability and consumer law : Cutter Company makes and sells table saw, which are designed to be safe if used properly. Erin buys a Cutter saw and lends it to her neighbot Frank. To reach a toolbox on a high shelf in his garage, Frank props the saw at an angle against a cabinet a..
What about a null hypothesis stating that the mean : The Bureau of Labor Statistics generally uses 90% confidence levels in its reports. One report gives a 90% confidence interval for the mean hourly earnings of American workers in2000 as $15.49 to $16.11. If the null hypothesis states that the mean ho..
How thick is the air at the third dark ring from the edge : An air pocket is insrted between a plastic slide with an index of 1.42 and a glass slide with an index of refraction 1.61. if we light 500nm, is the,light incident on the air stuck between the plastic slide and glass slide initially out of phase (d..

Reviews

Write a Review

Business Economics Questions & Answers

  Why disregard the portion of the supply curve

disregard the portion of the supply curve that corresponds to prices where there is no output.

  Evaluating a proposal to clean up

Assume you are part of a research team evaluating a proposal to clean up a dangerous squander site.

  Calculate the deadweight loss due to monopoly

Illustrate the monopoly solution and perfectly competitive solution in a clearly drawn graph. Calculate the deadweight loss due to monopoly.

  Why might governments nationalize firms

Why might governments nationalize firms and do they have added advantage or unfair one over the private owned firms? What are the different forms of terrorism and how can international managers meet this challenge?

  Inverse market demand curve for this unique product

You are the manager of Taurus Technologies, and your sole competitor is Spyder Technologies. The two firms’ products are viewed as identical by most consumers. The relevant cost functions are C(Qi) = 4Qi, and the inverse market demand curve for this ..

  Determine the marginal revenue product function

Consider the following short-run production function (where L =variable input, Q =output: Q = 10L - 0.5L2 Suppose that output can be sold for $10 per unit. Also assume that the firm can obtain as much of the variable input (L) as it needs at $2..

  Savings-investment and the interest rate

Suppose a closed economy decides to lower taxes (assume Ricardian equivalence does not hold), all else held constant. What will happen to savings, investment, and the interest rate? Show graphically what happens (be sure to label curves, axes, equili..

  Elucidate why a system of marketable pollution permits lead

Elucidate why a system of marketable pollution permits leads to less costly pollution abatement and a higher concentration of polluted areas than a command-and-control system.

  Starting a two-week retreat in the canadian wilderness

The financial department of Delphi Consolidated Industries (DCI) is just starting a two-week retreat in the Canadian wilderness. The president of DCI has been approached by an investment banker who has acquired $1,000,000 in DCI bonds in one of his d..

  What is the average annual inflation rate on used equipment

Currently you can purchase a used 10 year old CAT 24D for $85,000. Ten years from now, you think that a comparable used machine will sell for $105,000. What is the average annual inflation rate on used equipment that you are expecting during this 10 ..

  Q1 briefly summarize this loanable funds theory in your own

q1. briefly summarize this loanable funds theory in your own words. identify at least one important entrepreneur that

  What is the current market value of this stock

The Diamond Outlet has current earnings per share of $1.96 and an expected earnings growth rate of 2.2%, the required return on the stock is 13% and current book value per share is $12.70. What is the current market value of this stock?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd