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Author Question: In a labor-market pooling equilibrium with high-skill and low-skill workers and where a costly ... (Read 113 times)

asmith134

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on: Jul 1, 2018
In a labor-market pooling equilibrium with high-skill and low-skill workers and where a costly educational degree is used as a signaling device, all else equal, an increase in the wage differential between high- and low-skill workers leads to
 
  A) an increase in the required minimum share of high-skill workers.
  B) a decrease in the required minimum share of high-skill workers.
  C) no change in the required minimum share of high-skill workers.
  D) None of the above answers are correct.

Question 2

In a labor-market separating equilibrium with high-skill and low-skill workers and where a costly educational degree is used solely as a signal device, government can increase total social welfare by
 
  A) subsidizing school for low-skill workers.
  B) subsidizing school for all workers.
  C) eliminating schooling, i.e., banning wasteful signaling.
  D) subsidizing school for high-skill workers.
Microeconomics ¦ Perloff ¦ 8th Edition
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jjorrostieta

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Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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asmith134

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Reply 2 on: Jul 1, 2018
Excellent

Bigfoot1984

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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