The Roy model concerns
A. the cost-benefit analysis of layoffs or quits.
B. specific on-the-job training.
C. the skill-selection associated with immigration flows.
D. the age-earnings profile.
E. general training.
Answer: C
You might also like to view...
Government regulations designed to reduce the moral hazard problem include
A) laws that force firms to adhere to standard accounting principles. B) light sentences for those who commit the fraud of hiding and stealing profits. C) state verification subsidies. D) state licensing restrictions.
Comparison of the European and U.S. labor markets suggests that
A) it is relatively cheap to hire workers in the United States. B) the U.S. labor market is more "flexible" than the European labor market. C) job security and income equality are greater in the European labor market. D) A and B. E) all of the above.
Total planned expenditure (equals total output) is 14,000 when autonomous consumption expenditure is 450. When autonomous consumption expenditure falls to 400, total planned expenditure (equals total output) is 13,800
The marginal propensity to consume is ________. A) 0.89 B) 0.75 C) 0.99 D) 0.44 E) 0.03
A commercial bank has $1,000,000 of outstanding demand deposits and actual reserves of $300,000 . If the required reserve ratio is 20 percent, what is the maximum amount of new loans the bank can extend?
a. zero b. $100,000 c. $300,000 d. $700,000