Question
Good day, can someone help me in answering the following questions below? I am having difficulty answering them. Is it also okay if there is
Good day, can someone help me in answering the following questions below? I am having difficulty answering them. Is it also okay if there is an explanation so that I can learn. Thank you.
Question 1. To model child labor, which one of the following assumption is correct?
Select the correct response
a. Child and adult labor are complacents
b. The productivity of child laborers are positively correlated to adult labor
c. Household with sufficiently high income would not send its children to work
d. Household with a sufficiently high income would send its children to work
Question 10. In a Todaro migration equation, the expression depicts
Select the correct response
a. ratio of total urban labor pool to employment in manufacturing
b. ratio of employment in manufacturing to the total urban labor pool
c. change in the quantity labor pool in rural divide by the labor pool in urban areas
d. ratio of total urban labor pool to employment in manufacturing
Question 11. The marginal product model assumes that
Select the correct response
a. government susidizes schooling
b. capital and unskilled labor are complacents
c. individuals pay the full cost of their education
d. educated persons migrate more
Question 12. Agglomeration effects captured by particular sectors of the economy, such as finance or autos, as they grow within an area is known as
Select the correct response
a. Localization economies
b. urban bias
c. urbanization economies
d. agglomeration economies
Question 14. Given the two stable equilibria in child labor model, the child labor ban will be ________________
Select the correct response
a. a good equilibrium
b. bad equilibrium
c. economy wide improvement
d. self-enforcing
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