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Answer doesn't have to be super in depth. Short concise and to the point, no fluff. Max is 1/2 a page.
Problem: "At the turn of this century, most banks required tellers to have a high school diploma. Even though the tasks currently performed by tellers in most banks can still be performed by persons who have mastered the high school curriculum, many banks now require that their tellers have college diplomas.
Assuming that the real costs of college education are lower now than at the turn of the century and that these costs are lower for persons of higher ability, construct an explanation for why banks might have raised their hiring standards"
To determine the consumer price index (CPI)_____ Which of the following is true about the consumer price index (CPI) and the GDP price index? Real gross domestic product (GDP) shows
Statistical discrimination can only take place if: The division of the occupation struture into "female" occupations and "male" occupations is known as:
Ceteris paribus, an increase in the demand for yoga services has occurred at the same time when the number of yoga service providers has decreased due to stricter government regulations.
The 1996 welfare reform created federal mandates for all but which of the following? Time limits on receiving public assistance. An end to additional money for additional children. Work requirements for those receiving assistance. A “maintenance-of-e..
A couple just welcomed the birth of their new child and decides to set up a an interest-bearing account for the child’s college tuition. They hope to save $100,000 by the time the child enters college. Given that they plan to increase their contribut..
Determine the percentage change in price required to increase the quantity demanded of public transportation by 12%.
Patrick chooses to use his time ‘free-time’: (a) working out or (b) reading. Patrick currently has 20 hours a week to allocate to these two activities. It takes Patrick 1.5 hour to work out and .5 hours to read. Patrick enjoys both activities, Draw P..
To produce a boat, you need wood as an intermediate good. If this country imports both boats and wood, a 10% tariff rate can be imposed on boat imports, and a 5% tariff rate can be imposed on wood imports. The effective rate of protection after impo..
King Lear was worried about how his children would treat him in his old age. Much to his regret, he discovered that children do not always deliver what they promise. In addition to love and respect, children are also motivated by the possibility of a..
It will provide benefits of $4000 at the end of Year 1, $3,500 at the end of Year 2, and $3,500 at the end of Year 3. If the discount rate is 6%, will this project be approved using cost-benefit analysis?
The remaining ten men are also farmers but they produce coconuts without shovels. Each such farmer can produce 50 coconuts per year.
Several of the readings we’ve done this semester have suggested that the valorization of certain approaches to social “science” can mean the exclusion of alternative theoretical perspectives. In the “real world” this tension plays out in the policy s..
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