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Labor Economıcs (ENG)

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  1. 1

    Which of the following predictions can be made from the schooling model given in below equation?

  2. 2

    I. The worker and the employer share the costs and benefits of specific job training. 

    II. The higher the value of specific training, the less likely it would be for the firm to want to lay off the worker or for the worker to want to quit his job.

    III. The employer shoulders the cost of general training.

    Which one of the above statements are true about the general and specific job training?

  3. 3

    What is the future value (FV) of the investment that involves a 1000 TL payment today?

  4. 4

    Which of the following sector is at higher risk level at fatal accidents at work?

  5. 5

    Consider the figure above showing the wage-schooling locus. Which of the following is not true ccording to the figure?

  6. 6
    Which of the following allows us to determine in the reservation wage model for each worker?
  7. 7

    What is the marginal rate of return (MRR) to schooling?

  8. 8

     Which of the following shows the various combinations of risk and wage levels that yield a given level of profit?

  9. 9

    Which of the following refers to the productive capacity of a worker?

  10. 10

    Which of the following is the lowest wage level required for a worker to accept a risky job?

  11. 11

    Which of the following is true for the above figure showing optimal schooling with different discount rates?

  12. 12

    Which one of the following models considers only strategy of the workers and leaves from behavior aside?

  13. 13

    Which of the following is used by OECD to referre household income?

  14. 14

    I.Labor demand is more elastic the greater the elasticity of demand for the output. 

    II. Labor demand is more elastic the greater the elasticity of substitution.

    III. Labor demand is more elastic the greater labor’s share in total costs.

    IV. Labor demand is more elastic the lesser the supply elasticity of capital

    Which one of the above expressions that are related with the Marshall's Laws of Derived Demand are correct?

  15. 15

    I. Cash payments

    II. Free meals

    III. Subsidized child care services

    IV. Paid sick or maternity/paternity leave

    Which one of the options mentioned above could be considered as a form of wage payment to the workers?

  16. 16

    I. A rightward movement occurs along the labour supply curve.

    II. A rightward movement occurs along the demand curve.

    III. The quantity demanded falls and leftward movement occurs along the labor demand curve.

    Which of the following will happen if wages increase?

  17. 17

    What is the opportunity cost of not leisure?

  18. 18

    According to Turkstat's definition, which of the following is not considered employed?

  19. 19

    Which of the following choices of workers will not affect the labor market outcomes?

  20. 20

    Suppose that the wage rate changes, holding the non-wage income constant. If the wage rate increases, how does the budget line change?

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