Posted: February 11th, 2022

homework

1. Explain how markets determine wages and where this can lead in terms of income outcomes for labor market participants.

2. 
a. What are 5 plausible reasons that lead to a degree of income inequality?
b. Who does discrimination occur against in the U.S. labor market?

3. What advantage do employers have over workers during bargaining?

4. What do you think is a good that the U.S. has a comparative advantage in producing, and why?

5. What do you think is a good that the U.S. has an absolute advantage in producing, and why is it absolute as opposed to comparative?

6. A number of workers in the United States economy earn exceptionally high pay. For each of the following types of workers, do you believe the high pay is economically justified? Say yes or no, and then explain why or why not.
CEOs of major corporations
Superstar NFL players
Pop music stars
Real estate moguls
Founders of tech companies
Hedge fund managers
Search entries or author

7. Think about a proposed government-provided healthcare system covering everyone in the United States (e.g. “Medicare for All”). Briefly compare and contrast the proposed system with the current system of mixed private and government subsidized healthcare in the United States. Be sure to do your comparing and contrasting in terms of, and in relation to, course concepts we have covered:

positive externalities;
living wage;
supply, demand, and equilibrium;
price ceilings; and
any other relevant course concept you can think of.

Order Now

Why choose us

You Want Quality and That’s What We Deliver

Top Essay Writers

To join our team, we choose only the best writers. They each have expertise in specific topic fields and experience in academic writing.

Affordable Prices

We offer student friendly prices while still having maintaining  the best writing standard. Compared to other writing services, our prices are fair and reasonable..

100% Plagiarism-Free

You will never receive a product that contains any plagiarism. We scan every final draft before releasing it to be delivered to a customer.

How it works

When you decide to place an order with Nursing Study Bay, here is what happens:

Complete the Order Form

You will complete our order form, filling in all of the fields and giving us as much instructions detail as possible.

Assignment of Writer

We analyze your order and match it with a custom writer who has the unique qualifications for that subject, and he begins from scratch.

Order in Production and Delivered

You and your writer communicate directly during the process, and, once you receive the final draft, you either approve it or ask for revisions.

Giving us Feedback (and other options)

We want to know how your experience went. You can read other clients’ testimonials too. And among many options, you can choose a favorite writer.

Expert paper writers are just a few clicks away

Place an order in 3 easy steps. Takes less than 5 mins.

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:
$0.00
We are the "bishops" of academic writing!!Coursework, Essays, Assignments, Research papers and Dissertation Writing Help Services

Get between 15 - 30% Off for Every Order with us, 24/7. Plagiarism-free Papers.