1 (CHAPTER 7): Impact of change in rate of interest or high wage after hiring trained workers or rise in VMP, or rise in the price of the product sold, or competition by other firms on the decision regarding firms offering specific training to the workers. No calculation will be required. You need to explain the answer in sentences. (5 marks). The second part of the question will be similar to the Gini Coefficient examples we covered in class to identify and compare the income inequalities between 2 countries based on country specific characteristics (skills, education, average age of workers, availability of public education)