学原理》微观第五版测试题库1.doc

Chapter 19 Earnings and Discrimination TRUE/FALSE 1. A compensating differential refers to a difference in wages that arises from nonmonetary characteristics. ANS: T DIF: 2 REF: 19-1 NAT: Analytic LOC: Labor markets TOP: Compensating differentials MSC: Definitional 2. A compensating differential is a difference in wages due to higher levels of education or other forms of human capital. ANS: F DIF: 1 REF: 19-1 NAT: Analytic LOC: Labor markets TOP: Compensating differentials MSC: Definitional 3. The fact that doctors are paid more than economics professors is an example of a compensating differential. ANS: T DIF: 1 REF: 19-1 NAT: Analytic LOC: Labor markets TOP: Compensating differentials MSC: Definitional 4. A computer is an example of productivity-enhancing human capital. ANS: F DIF: 2 REF: 19-1 NAT: Analytic LOC: Labor markets TOP: Human capital MSC: Definitional 5. Higher levels of human capital are correlated with higher earnings because firms are willing to pay more for better-educated workers who have higher marginal productivities. ANS: T DIF: 2 REF: 19-1 NAT: Analytic LOC: Labor markets TOP: Human capital MSC: Interpretive 6. As a result of an increase in the earnings gap between skilled and unskilled jobs, the incentive to get a college education has been declining. ANS: F DIF: 2 REF: 19-1 NAT: Analytic LOC: Labor markets TOP: Increasing value of skills MSC: Interpretive 7. The rising gap in wages between unskilled and skilled workers is most likely related to a larger increase in demand for unskilled occupations relative to skilled occupations. ANS: F DIF: 2 REF: 19-1 NAT: Analytic LOC: Labor markets TOP: Increasing value of skills MSC: Interpretive 8. One hypothesis to explain the rising gap in wages between unskilled and skilled workers in the United States is that international trade has altered the relative demands for skilled and unskilled workers. ANS: T DIF: 2 REF: 19-1 NAT: Analytic LOC: Labor markets TOP: Increasing value of skills