Issued: March 21\

Issued: March 21", 2018 Due: March 28th, 2018 on BrightSpace Answer each of the following questions in full sentences. Use a graph if it helps with your explanation. 1. 2. 3. 4. 5. Explain the issue of "omitted skill variables" in relation to wage discrimination. Explain why you think this is or is not an important. Given the following table, draw and explain the step demand curve for female labour. DISCRIMINATION COEFFICIENTS AND RESERVATION WAGES TO EMPLOY WOMEN EMPLOYER Archie Ben Carl Dan DISCRIMINATION COEFFICIENT d .43 .25 .11 .00 -.09 RESERVATION WAGE RATIO .70 .80 .90 1.00 1.10 RESERVATION WAGE R 14 16 18 20 22 Notes: Tlx reservation wage ratio is + Tbc hourly wage of men is = 20. so wage to employ women is R 20/( I + d}, Explain Marshall's Rules of Unions. Explain the Threat Effect of Unions. Explain the Lorenz Curve and the Gini Coefficient. Use a graph and explain why they are important.