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Chapter 6 On-the-Job Training
MULTIPLE CHOICE
For problems 7 and 8 assume the cost of training is i = $60, the value added by training is
V = $126, the current value of the worker (to all firms in the economy) is , and
the interest rate is r = 5%.
7. If the training is firm specific, who will pay for the training?
a. The individual will pay the full $60.
b. The firm will pay the full $60.
c. The firm will pay $40 and the individual will pay $20.
d. The firm will pay $20 and the individual will pay $40.
e. The individual will not receive training because the costs are greater than the
benefits.
ANS: B
11. For training, a worker’s starting wage depends on the costs of training. For training, a
worker’s wage does not depend on the costs of training.
a. general, specific
b. general, general
c. specific, general
d. specific, specific
e. informal, formal
ANS: A
12. For training, workers receive their MRPs during the early stages of their careers, but for
training, they receive less than their MRPs during the latter stages.
a. general, specific
b. general, general
c. specific, general
d. specific, specific
e. informal, formal
ANS: D
13. A worker’s wage increases over the course of her career for which type of training?
a. formal
b. informal
c. general
d. specific
e. on-site
ANS: C
15. What problem does turnover create for firm specific training?
a. Human capital is destroyed if the worker quits the firm.
b. The worker pays more for human capital than is efficient.
c. The workers are underpaid to correct a market inefficiency.
d. Firms underinvest in human capital.
e. Turnover does not cause a problem because of contracts.
ANS: A
16. Suppose a worker can earn $25,000. He obtains specific training, raising his value by
$10,000. If the worker can negotiate after the training, which of the following may be his
wage?
a. $15,000
b. $20,000
c. $25,000
d. $30,000
e. $40,000
ANS: E
19. Students in high school are generally paid the minimum wage. What is one explanation for
this?
a. Employers discriminate against young workers.
b. High school students are lazy.
c. Individuals who work while in high school have a very low MRP.
d. High school students have high turnover rates, so firms invest less in their training.
e. Young individuals are not qualified to effectively negotiate their wages.
ANS: D
23. If training is efficient, then it will be carried out and pay for investments.
a. workers, specific
b. workers, general
c. firms, formal
d. firms, informal
e. firms, general
ANS: B
25. Suppose a worker receives firm specific training, but his wages do not increase afterward.
Why?
a. Specific training has no value to the firm.
b. Specific training does not increase the worker’s productivity.
c. Specific training does not increase the leverage a worker can use to raise his wage.
d. Specific training is inefficient.
e. The worker receives the benefit by the employer paying for the costs of training.
ANS: C
26. In a model with turnover, when a worker quits the value of specific training is lost. This
could be avoided if
a. the firm pays for all training costs.
b. the firm forces the worker to always receive the same wage.
c. the firm refuses to pay for any type of training other than general training.
d. the firm pays the worker more in the second period.
e. the firm pays the worker less in the second period.
ANS: D
29. Fewer women are taking time off to raise their children. What does this imply about their
labor market activities?
a. Women will acquire less on-the-job training and earn less over their lifetime.
b. Women will acquire less on-the-job training and earn more their lifetime.
c. Women will acquire less on-the-job training and earn the same earnings over their
lifetime.
d. Women will acquire more on-the-job training and earn less over their lifetime.
e. Women will acquire more on-the-job training and earn more over their lifetime.
ANS: E
30. An individual’s age–earnings profile decreases over his lifetime. Which of the following
would explain this phenomenon?
a. On-the-job training stops completely after the first few years of work.
b. On-the-job training declines over an individual’s career.
c. Firms discriminate against older workers and pay them less since they are closer to
retirement.
d. The human capital he acquires over all those years of employment decreases his
productivity.
e. Workers cut back on hours to spend more time at home.
ANS: B
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SOPHIE
Prunus munsoniana
1. U. S. D. A. Rpt. 263, Pl. VI. 1892. 2. Kerr Cat. 1894. 3. Waugh Plum
Cult. 189. 1901.
SPAULDING
SPAULDING
Prunus domestica
1. Lovett Cat. 41, Col. Pl. 1888. 2. Cornell Sta. Bul. 131:192. 1897. 3.
Mich. Sta. Bul. 169:243, 248. 1899. 4. Am. Pom. Soc. Cat. 39. 1899. 5.
Kan. Sta. Bul. 101:121, 122, Pl. V. 1901. 6. Waugh Plum Cult. 122. 1901.
7. Ohio Sta. Bul. 162:239. 1905.
STANTON
Prunus domestica
1. Gard. Mon. 29:116. 1887. 2. Mich. Hort. Soc. Rpt. 288. 1889. 3.
Cornell Sta. Bul. 131:192. 1897.
Stanton’s Seedling 2.
STODDARD
Prunus americana
1. Ia. Hort. Soc. Rpt. 78. 1892. 2. Am. Pom. Soc. Rpt. 88. 1895. 3. Am.
Pom. Soc. Cat. 38. 1899. 4. Ia. Sta. Bul. 46:289. 1900. 5. U. S. D. A. Rpt.
478, Pl. LXII. 1902.
Baker 2. Stoddart 1, 2.
STONELESS
Prunus insititia
1. Duhamel Trait. Arb. Fr. 2:110, Pl. 20 fig. 14. 1768. 2. Kraft Pom. Aust.
2:42, Tab. 194 fig. 2. 1796. 3. Mag. Hort. 9:165. 1843. 4. Poiteau Pom.
Franc. 1. 1846. 5. Mas Pom. Gen. 2:121, fig. 61. 1873. 6. Hogg Fruit Man.
726. 1884. 7. Mathieu Nom. Pom. 450. 1889.
Die Pflaume ohne Stein 2. Jean Morceau 3. Kirke’s Stoneless 6, 7.
Pflaume Ohne Steine 5. Pitless 5, 7. Prune Sans-Noyau 4. Sans-Noyau 1,
5. Sans Noyau 3, 6, 7. Steinlose Zwetsche 7. Stoneless 5, 7.
Fruit small, oval, dark purple, with thick bloom; flesh greenish-yellow,
harsh and strongly acid at first but assuming a more pleasant flavor as it
shrivels upon the tree.
SUGAR
SUGAR
Prunus domestica
1. Cal. State Bd. Hort. 47. 1897-98. 2. Burbank Cat. 5 fig. 1899. 3.
Waugh Plum Cult. 124. 1901. 4. U. S. D. A. Rpt. 275, Pl. XXXVI fig. 2.
1903.
Sugar Prune 1, 4.
SURPRISE
SURPRISE
1. Wis. Sta. Bul. 63:61 fig. 30. 1897. 2. Ia. Hort. Soc. Rpt. 112. 1899. 3.
Am. Pom. Soc. Cat. 38. 1899. 4. Wis. Hort. Soc. Rpt. 69. 1900. 5. Ia. Sta.
Bul. 46:289. 1900. 6. Wis. Sta. Bul. 87:18. 1901. 7. Waugh Plum Cult. 175.
1901. 8. Ia. Hort. Soc. Rpt. 228. 1904. 9. Ill. Hort. Soc. Rpt. 426. 1905. 10.
S. Dak. Sta. Bul. 93:39. 1905.
TENNANT
TENNANT
Prunus domestica
1. Bailey Ann. Hort. 133. 1893. 2. Oregon Sta. Bul. 45:32. 1897. 3. Am.
Pom. Soc. Cat. 40. 1899. 4. Can. Exp. Farm Bul. 2nd Ser. 3:57. 1900. 5.
Waugh Plum Cult. 124. 1901. 6. Budd-Hansen Am. Hort. Man. 326. 1903.
Tennant Prune 1. Tenant Prune 4.
TRAGEDY
TRAGEDY
Prunus domestica
1. Cal. State Bd. Hort. 236, Pl. II fig. 5, 237. 1890. 2. Ibid. 109 fig. 8.
1891. 3. Wickson Cal. Fruits 358. 1891. 4. N. Mex. Sta. Bul. 27:125. 1898.
5. Am. Pom. Soc. Cat. 40. 1899. 6. Waugh Plum. Cult. 124. 1901.
Tragedy Prune 1, 3, 4.
Tragedy is another western plum which, like the Tennant, has not
been well tested in the East. It is an older plum than the Tennant and
somewhat better known in New York but still the reports of it are not
sufficient in number or of great enough range to enable a fair opinion
to be given as to its merits. As the variety grows at Geneva the fruits
are very attractive in appearance—above medium size, a dark, rich
purple color, and having the full, rounded form much liked by
consumers in a dessert plum. The flesh is juicy, tender and sweet so
that the quality may be called good; possibly the flesh is a little too
soft for long shipping or long keeping as it grows here, though in one
of the California references it is spoken of as “valuable for eastern
shipment.” The trees are very satisfactory except that in New York
they are not quite as reliable in bearing as could be wished. A fault,
as the variety grows here and which may be local, is that a large
proportion of the pits are cracked and all are soft and granular. The
tree is reported by some as “scale proof” but unfortunately this
statement can neither be denied nor affirmed. A plum with the good
qualities possessed by Tragedy, should be better known in New
York.
The following history is contributed by Professor E. J. Wickson,
Berkeley, California. Tragedy originated as a chance seedling on the
farm of O. R. Runyon, near Courtland, Sacramento County,
California, probably in the late seventies. It was first offered to the
trade in dormant buds by W. R. Strong and Company of Sacramento
in 1887. Since the German Prune and Duane Purple grew on the
place of its origin and as it shows characters of both, it has been
noted as a probable cross of these varieties. The name Tragedy is
understood to have been given to the fruit by Mr. Runyon because
the plum was noted to be desirable on or about a day upon which a
certain event held to be tragical occurred in the neighborhood. In
1899, the American Pomological Society considered Tragedy worthy
a place in its list of fruits.
TRANSPARENT
Prunus domestica
1. Downing Fr. Trees Am. 395. 1857. 2. Flor. & Pom. 56, Col. Pl. fig.
1862. 3. Hogg Fruit Man. 383. 1866. 4. Downing Fr. Trees Am. 950. 1869.
5. Jour. Hort. N. S. 17:258. 1869. 6. Am. Pom. Soc. Rpt. 91. 1869. 7. Am.
Pom. Soc. Cat. 24. 1871. 8. Pom. France 7: No. 25. 1871. 9. Mas Pom.
Gen. 2:31, fig. 16. 1873. 10. Cat. Cong. Pom. France 365. 1887. 11.