Ünite Sınavı Soruları

I. Schooling reduces crime

II. Any deficits in early years naturally reflect negatively on later investments in schooling

III. Schooling has negative externalities.

IV. Education improves infant, child, and adult health outcomes

Which one of the above statements about the rate of return to schooling are correct?

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

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

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?

Which one of the fallowing choices is not a component of the Mincer earnings function?

What is the screening hypothesis?

What does the Roy model indicate?

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

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

Which of the following defines the percentage change in earnings resulting
from one more year of schooling?

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

I. It shows what the individual will earn in the labor market if she were to acquire a particular level of schooling. 

II. It is negatively sloped.

III. It has  a concave shape. 

IV. We can use it to calculate the returns to schooling.

Which of the above statements about the wage-schooling locus are true  ?

TWhat is the most common method used by labor  economists to identify the causal impact of schooling on wages?

What is the present value of a three-year project that pays 500 TL at the end of the first year, 650 TL at the end of the second year, and 800 TL at the end of the third year if the interest rate is 5% for the three years?

I. If migrant and native workers are substitutes, labor supply curve shifts right, wage rate decreases and fewer native workers are employed in the industry.

II. If migrant and native workers are substitutes, it decreases firm's profit in the short run.

III. If migrant and native workers are complemets, labor demand curve shifts to the left, wage rate decreases.

IV.  In the long term, migrants generally have a limited impact on overall employment in the host country.

Which one of the above statements about the  impact of migrants are correct?

What is the value of the marginal product of labor (VMP) if the goods market is perfectly competitive?

Assume the individual's discount rate to be r0 which is illustrated in the figure. What is her optimal level of schooling at this discount rate?

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

Which one of the below statements about the marginal rate of return (MRR) to schooling is false? 

Which of the following can be used as one of the most commonly used instrumental variable in the literature to identify the causal impact of schooling
on wages?