I guessed these answers please let me know which ones are the correct onces, Ple
ID: 1092357 • Letter: I
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I guessed these answers please let me know which ones are the correct onces, Please see my other questions. Thanl you
During the past 25 years the degree of income inequality in the United States has been rising. Which of the following is not a possible reason for this phenomenon? increased immigration increased imports of labor-intensive products technological progress that has increased the demand for high-skilled workers relative to the demand for low-skilled workers higher divorce rates The improvement in labor created by education and knowledge is referred to as: productivity investment. the value of the marginal product. the factor distribution of income. human capital. The demand for bricklayers Figure: The demand for bricklayers )look at the figure the demand for bricklayers. The equilibrium market wage for bricklayers is $100. For a profit-maximizing firm at the equilibrium level of output, the VMPL bricklayers: Which of the following is not a rationale for the welfare state? Medicaid is funded by: Approximately 71% of all income generated in the United States goes to corporate profit. The Demand for Bricklayers (Figure: The Demand for Bricklayers) Look at the figure The Demand for Bricklayers. The equilibrium market wage for bricklayers was determined by: demand and supply in the market for bricklayers, the firm hiring the bricklayers, the government. Which of the following would be evidence of an efficiency wage? a high turnover of labor in that market a surplus of labor in that market a shortage of labor in that market an outcome in which workers earn the value of their marginal product Leisure is considered a normal good, since people: cannot consume more, since it is limited. find it to be a luxury to take time off from their jobs. consume more of it when their incomes rise, consume more of it all the time. If a firm is currently operating at a point at which the wage rate is below the value of the marginal product of labor, it can add to its profit by reducing the number of workers hired, it is not earning any profit, it can add to its profit by hiring more workers, it is currently maximizing profit.Explanation / Answer
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