Micro Economics discussion questions
1. How is the fact that more low-income families are sending daughters, rather than sons, to college likely to affect the female income gap in the future?
2. Why do you think economist argue that the female wage gap will not entirely disappear unless women earn more degrees in business and sciences?
3. How could union members’ current annual incomes decline on net even if a long-lived strike induces a firm’s management to increase the hourly wage rate?
4. Sometimes union memberships coordinate work stoppages when all workers call in sick. From an economic stand-point, is there any dissimilarity between coordinated sick-day work stoppages and strikes? Describe.