100. The "Mincer Earnings Equation" a. is a model relating wages to...

100. The "Mincer Earnings Equation"

a. is a model relating wages to educational attainment and labor market experience 

b. is an alternative theory to Gary Becker's model of human capital 

c. assumes that more educated people will have "steeper" age earning profiles 

d.all of the above

 

101. The family and medical leave act of 1993

a.allowed up to 12 weeks of paid leave for both men and women following birth or adoption

b. mandated up to 12 weeks of paid leave for employers to deal with family or health emergencies 

c. allowed women, but not men, to take unpaid days to care for family members 

d. offered job protections for people wanting to take unpaid leave for up to 12 weeks

 

104. The capital skill complementary hypothesis 

a. posits that skilled labor and capital are gross complements in production

b. posits that a falling price for capital equipment will result in greater demand for all labor 

c. can be used to explain why college educated workers get more on the job training than those who just have a high school education

d. none of the above

 

115. Evidence of differences in average wages of women compared to men

a. is seldom used to provide evidence of discriminatory bias 

b. does not provide conclusive evidence of discrimination

c. clearly illustrates differences in productivity between genders 

d. provides conclusive evidence of discrimination on the basis of gender

 

131. Statistical discrimination is 

a. was outlawed by the equal pay act of 1963

b. a term used to describe methods for estimating race and gender wage differentials

c. a profit maximizing strategy to situations of imperfect information

d. inefficient and competitive firms that practice it will be driven from the market in the long run