人力资源理论与应用.DOC

人力資源理論與應用 Theory and Application of Human Resources ECON4203 Homework #2 May 2014 Due date: 5/14/2014 小組成員： 學號 姓名 學號 姓名 學號 姓名 學號 姓名 學號 姓名 學號 姓名 Multiple Choices( 50 Points) Please fill your answers in below blanks. 1 2 3 4 5 6 7 8 9 10 E E A B B C C E D E An outward shift in the labor supply curve implies that employers are now looking to hire more workers at any given wage. employers are now looking to hire more workers if the wage increases. employers are now looking to hire fewer workers regardless of the wage. demand for the firm’s output likely fell. more workers are now more willing to work at any given wage. How would imposing a minimum wage above the market clearing wage in a competitive labor market affect employment? It would increase employment as previously unemployed workers would be more encouraged to find a job. It would increase employment because a higher minimum wage would create more jobs for low-skilled workers. It would increase employment as firms would illegally hire workers below the original competitive wage. It would not affect employment as workers are non-responsive to low wages. It would decrease employment as some workers who are willing to work at the lower competitive wage will no longer be able to find work. What is implied when the wage-schooling profile is drawn as a concave function? The marginal return to schooling falls as years of schooling increases. The marginal return to schooling increases as years of schooling increases. Average wages fall as years of schooling increases. The cost of schooling increases, but at a decreasing rate, as years of schooling increases. The cost of schooling decreases, but at an increasing rate, as years of schooling increases. What is the difference between normative and positive economics? Normative economics concerns the how and why of economic activity while positive economics concerns what should be. Positive economics concerns what is while normative economics concerns