Q6The supply curve of labor to risky jobs reveals:

a-How many workers are willing to offer their labor to the risky job as a function of the wage differential between the risky job and the safe job.

b-How many workers are willing to offer their labor to the risky job as a function of the wage paid to workers of the safe job.

c-How many workers are willing to offer their labor to the safe job as a function of the wage paid to workers of the risky job.

d-The number of workers who dislike risky jobs.

Q7- Human-capital theory suggests that:

a-The growth rate in earnings tends to be smaller the more educated a person becomes because of diminishing marginal returns.

b-The decision to be absent from the labor force reduces an individual's earnings, not only for those years absent from the labor force but for all subsequent years as well.

c-Human capital accumulation is a very important determinant of one's salary.

d-All of these answers are correct.

Q8- Which of the following statements regarding gender differences in international labor markets is true?

a-The difference in male and female wages in the United States is less than in almost any other developed country.

b-The difference in male and female wages in the United States is about the average of other developed countries.

c-Men and women are typically employed at the same rate in developed countries.

d-There is a sizeable wage gap between men and women in most developed countries.

Q9- The perceived cost of hiring a black worker for an employer who is prejudiced against blacks will exceed:

a-The cost of hiring whites.

b-The wage of whites.

c-The wage of blacks.

d-The white-black wage gap.

Q10- The human-capital model predicts that people move when

a-The net gain, including moving costs, to migration is positive.

b-The present value of the earnings stream at the current location is greater than the present value of the earnings stream if the worker moves.

c-There are no costs to moving.

d-The present value of the earnings stream at the new location is positive.