Exam 13: B: Labor Markets

The more dangerous of two jobs currently pays $3 more per hour.The jobs are equivalent in all other respects.If labor is migrating from the higher-risk job to the lower-risk job,then

If labor were completely mobile between Muncie,Indiana,and Lexington,Kentucky,and the cost of living was the same in each city,we would expect to find that

A labor market is divided into two segments.All workers have the same qualifications and find jobs in either segment equally attractive.Initially,both segments are in competitive equilibrium.If the development of employer prejudice then reduces the employment of minorities in one segment,there will be a

The higher wage rate received by garbage collectors to compensate for the lower desirability of their job

Consider two labor markets in which jobs are equally attractive in all respects other than the wage rate.All workers are equally able to do either job.Initially,both labor markets are perfectly competitive.If a union organizes workers in one of the markets,then wage rate will tend to

Unions attempt to raise wage rates for their members by

Even if employers are not prejudiced,employee or customer discrimination will tend to be reinforced by market forces and may lead to permanent wage differences between the favored and unfavored groups.

Market forces encourage discrimination in the case of

Men and women in a particular industry are equally qualified.If one employer has a preference for male employees,then in the long run

More enjoyable professions tend to enjoy compensating wage differentials.

Who are likely to earn higher incomes,doctors or nurses,and why?

The time spent by students in college

Which of the following is a form of statistical discrimination?

-Figure 12-2 depicts demand and supply in a nonunionized labor market.The original equilibrium is at point A.If a labor union subsequently negotiates an hourly wage for its members of $20,then the profit-maximizing employment level

Statistical discrimination

Licensing laws

Discrimination occurs when a group of people have different opportunities because of characteristics that have nothing to do with their individual abilities.

If a worker is indifferent between a job with a wage of $12 per hour and a job with a wage of $15 per hour,then the

Statistical discrimination refers to

When members of a group enjoy different opportunities that cannot be attributed to differences in ability,