SQ5_LaborMarketsAK

B since the professor probably has more schooling

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Unformatted text preview: versus a recent graduate from UCSD with a GPA of 3.5 a. Since most people prefer to work during the day than the night, we might expect the nurse who works at night to receive a positive compensating wage differential. b. Since the professor probably has more schooling than the high school teacher, the professor is likely to have more human capital than the teacher. If so, we would expect the professor to earn more than the teacher. c. Since most workers like to work in safe work environments, we would expect the wages of miners to fall after the installation of safety equipment. d. The accountant with more experience has more human capital and so should earn more. e. If yo...
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This note was uploaded on 02/13/2014 for the course ECON 2 taught by Professor Kim during the Winter '08 term at UCSD.

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