3. (5 points) A developing country is considering implementing a child labor ban which will make it illegal for firms to hire child workers. Firms found to be in violation of the ban will be fined.
a. (2 points) Explain how you expect a child labor ban that is only imperfectly enforced to affect child labor wages and employment levels. Are these predicted effects ambiguous? Why or why not?
b. (1 point) Suppose instead that the child labor ban entirely eliminates child labor. Will children necessarily be better off than under the status quo (i.e., no child labor ban) and under the imperfectly enforced ban from (a)? Be sure to justify your response.
c. (2 points) Propose a policy related to child labor that would be expected to unambiguously improve child outcomes. Then, explain briefly what challenge(s) would be most likely to prevent this policy from being adopted in practice.

Answers

Answer 1

These effects are ambiguous because the extent of the ban's enforcement and the availability of alternative labor sources will play a significant role in determining the outcomes. The ban may also have unintended consequences such as an increase in poverty if families relied on their children's income to survive. Cultural and societal norms may also perpetuate the acceptance of child labor, making it difficult to implement such policies.

a. With an imperfectly enforced child labor ban, it is likely that child labor wages will increase due to the decreased supply of child labor. However, employment levels for children may decrease or remain the same as some firms may continue to hire child workers despite the ban. These effects are ambiguous because the extent of the ban's enforcement and the availability of alternative labor sources will play a significant role in determining the outcomes.

b. If the child labor ban entirely eliminates child labor, children will likely be better off as they will have access to education and can avoid the physical and emotional harm associated with child labor. However, the ban may also have unintended consequences such as an increase in poverty if families relied on their children's income to survive.

c. A policy that would unambiguously improve child outcomes would be investing in education and creating opportunities for adult employment. This would reduce the need for child labor and improve the future prospects of children. The challenge in adopting this policy would be the cost involved in providing education and creating job opportunities, especially in developing countries with limited resources. Additionally, cultural and societal norms may also perpetuate the acceptance of child labor, making it difficult to implement such policies.

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Related Questions

True or False: After calculating how much money you have left after paying for all of your monthly expenses, you can
olan on spending up to 50% of that amount on car expenses

Answers

Based on microeconomic theory, it is true that after calculating how much money you have left after paying for all of your monthly expenses, you can

plan on spending up to 50% of that amount on car expenses.

Note that after making a payment on living expenses, such as rent, mortgage, utilities, loans, car payments, and food, the money that remains is discretionary income.

This discretionary income can be used as savings, investment, or spending on your discretionary expenses such as vacations and travel expenses, car expenses.

This is because discretionary expenses are categorized under wants instead of needs.

Thus, given that planning for car expenses is a want, then the statement in the question is True.

Hence, in this case, it is concluded that the correct answer is "True."

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how can we apply our knowledge of business plan in our life​

Answers

Answer:

we can just forget the way our school and family taught us and learn finance and math really well and then start putting everything in practice and then you'll forget that you'll ever need a paycheck and that is how it is

Sara was faced with a decision to complete a skill herself or delegate to a staff member. Watch both examples and think about your reading about the three-skill approach. Explain which skill was used in each example and how it ultimately affected patient and staff outcomes. If you don’t agree with either example, can you think of a better decision for sara? explain which skill you would have focused on and why.

Answers

Answer:

Complete a skill herself.

You have decided to use the questioning technique as part of your method study. Explain to your management what the primary questioning technique is, how the sequence works and what you expect to achieve. 9 marks

Answers

The primary questioning technique I have chosen to use in our method study management is the "Five Whys" technique. This technique involves asking a series of "why" questions to get to the root cause of a problem or issue.

1) Ask the first "why": This question aims to understand the immediate cause of the problem. For example, if the problem is a machine breakdown, we would ask, "Why did the machine break down?"

2) Ask the second "why": With the answer to the first question, we delve deeper into the underlying cause of the problem. Continuing the previous example, we would ask, "Why did the machine experience that particular issue?"

3) Ask the third "why": This question explores the underlying cause behind the second answer. It helps to identify the factors that contributed to the issue. For instance, we would ask, "Why did those particular factors lead to the machine problem?"

4) Ask the fourth "why": Here, we dig even deeper into the systemic or organizational causes that contributed to the previous answers. The aim is to identify any broader issues that may be at play. For example, we would ask, "Why were those factors present in our organization or system?"

5) Ask the fifth "why": Finally, we aim to uncover the fundamental cause or root cause of the problem. This question helps us understand the ultimate reason behind the issue. Continuing the example, we would ask, "Why did the organizational or systemic factors exist in the first place?"

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Arrange the following revenues in the federal government, from greatest to
least.
Drag each item to put them in the correct order.
(2 points)
= excise taxes
= Social Security and Medicare taxes
= corporate income taxes
= individual income taxes
= customs duties
= miscellaneous revenue

Answers

Individual income taxes
Social Security and Medicare taxes
Corporate income taxes
Excise taxes
Custom duties
miscellaneous revenue

What are five questions you should ask yourself to help you determine the type of health care coverage that is most important to you?

Answers

Cheap

Effective

Fast

Options

Safe

What percent of adults, nationally, were current on all credit payments in the last year?.

Answers

78% of adults, nationally, were current on all credit payments in the last year.

What do you mean by credit card?

A credit card typically functions as a replacement for cash or a cheque and typically offers an unsecured revolving line of credit. Depending on the conditions outlined in the cardholder agreement, the borrower is expected to pay at least a portion of the card's outstanding balance each billing cycle.

What is the difference between cerdit card and debit card?

When you use a debit card to make a purchase, the money is nearly instantly deducted from your checking account to cover the cost of your purchase. When you use a credit card, the purchase will be added to your available credit, which means you will pay the bill later and have more time to pay.

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a camera-makers price competitiveness in a particular geographic region is determined by

Answers

A camera-maker's price competitiveness in a particular geographic region is determined by several factors, including market demand, production costs, competition, and local economic conditions.

Market demand plays a significant role in determining a camera-maker's price competitiveness. If there is high demand for cameras in a region, manufacturers may have more flexibility to set higher prices and still attract customers. Conversely, in a region with low demand, camera-makers may need to offer competitive prices to stimulate sales.

Production costs are another crucial factor. Efficient production processes and economies of scale can help camera-makers lower their costs and offer more competitive prices. This includes factors such as raw material costs, labor costs, manufacturing efficiency, and supply chain optimization.

Competition in the market also influences price competitiveness. The presence of other camera manufacturers or alternative products can impact pricing strategies. Camera-makers may adjust their prices to stay competitive in the market and attract customers.

Lastly, local economic conditions, such as the overall income levels, purchasing power, and consumer preferences in the region, can affect price competitiveness. Camera-makers need to consider the affordability and value perception of their products within the local market.

Overall, a camera-maker's price competitiveness in a specific geographic region is influenced by a combination of market demand, production costs, competition, and local economic conditions.

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When an advertising campaign for a new product is first launched, which type of advertising would be most helpful in building awareness?.

Answers

Answer:

Informative.

Explanation:

Which of the following food systems career opportunities has the highest job growth rate?
butchers
chefs
food scientists
bakers

Answers

Answer: chefs has highest job growth rate
Chefs has the highest growth rate

Which of the following is an expense resulting from a decline in the utility of a natural resource?
a. obsolescence
b. depletion
c. amortization
d. depreciation

Answers

Depletion is an expense resulting from a decline in the utility of a natural resource. Option B is correct.

Depletion refers to the gradual reduction or exhaustion of natural resources, such as minerals, oil, or timber, due to their extraction or consumption. As the resource is used or extracted, its utility decreases, and the associated cost of depleting the resource is recognized as an expense.

Depletion expense is typically incurred by companies engaged in industries that rely on the extraction or utilization of natural resources.

Obsolescence refers to the depreciation or reduced value of an asset due to technological advancements or changing market preferences. Amortization is the systematic allocation of the cost of intangible assets over their useful life. Depreciation is the allocation of the cost of tangible assets over their useful life.

Therefore, option B is correct.

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What are noncash investing and financing activities, and how are they recorded in QuickBooks Accountant?

Answers

QuickBooks Accountant visit the employer menu and pick Make trendy journal Entries, make certain your debits same our credit when we are done.

Some making an investment and financing sports occur with out producing or consuming coins. as an instance, a enterprise may trade not unusual inventory for land or gather a building in change for a word payable.Big noncash financing and making an investment sports are reported at the agency's earnings declaration.

Non-cash transactions are always recorded in the income statement, as they directly effect general internet income, however do now not impact coins go with the flow. subsequent, you may need to create a contra account for your device to preserve music of your monthly depreciation price.can also

A magazine access is a report of the business transactions in the accounting books of a business. A nicely documented magazine access includes an appropriate date, quantities to be debited and credited, description of the transaction and a unique reference number. A magazine access is the first step inside the accounting cycle.

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The Americans with Disabilities Act defines disabled as:
a. persons with permanent physical and mental problems
b. anyone with a physical or mental impairment that substantially limits one or more major life activities
c. individuals with physical impairments only
d. those who cannot work

Answers

It’s b because there’s multiple disabilities

If a bank sells off all of its assets and pays all of its liabilities, the amount remaining would be its:
a. net profit.
b. reserves.
c. net worth.
d. excess reserves.

Answers

If a bank sells off all of its assets and pays all of its liabilities, the amount remaining would be its net worth. Thus, the correct answer is option C.

Net worth is the value of a person's or corporation's assets less the obligations they owe. It is a key indicator for assessing a company's health because it provides a valuable snapshot of the company's present financial state.

Net value is determined by deducting all liabilities from all assets. Net worth can be positive or negative, with the former indicating that assets outweigh obligations and the latter indicating that liabilities exceed assets. Positive net worth that is increasing implies healthy financial health. Declining net worth, on the other hand, is cause for concern because it may indicate a reduction in assets relative to liabilities.

Therefore, the ideal selection is option C.

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The methods the federal reserve uses to manage the economy include all except ______.

Answers

The methods the federal reserve uses to manage the economy include all except control of the federal budget.

The central bank of the United States is the Federal Reserve System, sometimes known as the Federal Reserve or simply "the Fed." It was established by Congress to give the country a more secure, adaptable, and stable financial and monetary system.

In order to encourage maximum employment and stable pricing in the American economy, the Federal Reserve determines the country's monetary policy.

Control of the Federal Budget: It consists of a collection of figures outlining how much the government will receive overall and how much Congress is expected to spend on each of the 19 key spending categories (referred to as budget "functions") during the course of the next five years or more.

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not successful way to budgeting strategy

Answers

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Why would it be better to be in a partnership?

Answers

Answer:

A partnership is easy and inexpensive to establish

the business benefits from pooled knowledge and skills of different partners

the workload is shared

more partners can be added,which could help increase capital

partnerships are not compelled by law to complete audits on financial statements

Explanation:

Answer:

Each partner will bring their own knowledge, skills, experience and contacts to the business, potentially giving it a better chance of success than any of the partners trading individually. Partners can share out tasks, with each specialising in areas they're best at and enjoy most.

Explanation:

I hope it helps

Which of the following is a service?
A restaurant meal
B taxi cab ride
C dry-cleaning fluid
D concert t-shirt

Answers

Answer:

B: Taxi cab ride

Explanation:

Because the rest you do youself and the taxi ride someone or you are doing it for someone else

if the equilibrium price is $0.85, what is the firm's profit? a. 40 b. 30 c. 50 d. 45

Answers

Without additional information, it is impossible to determine the firm's profit based solely on the equilibrium price of $0.85.

Can the firm's profit be determined based solely on the information that the equilibrium price is $0.85?

The equilibrium price represents the price at which the quantity of a good demanded by consumers equals the quantity supplied by producers.

At this price, there is neither excess demand nor excess supply in the market.

To determine the firm's profit, we need to know the firm's cost structure and revenue.

The revenue would be determined by the quantity of goods sold at the equilibrium price, and the cost would be determined by the firm's cost structure.

The profit would be the difference between the revenue and the cost.

Therefore, we would need additional information such as the firm's cost structure, quantity of goods sold, and revenue per unit to determine the firm's profit.

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QUESTION 8 of 10: In a percentage lease, the landlord receives a
a) Assets
b) Expenses
c) Accounts payable
O d) Revenue
Submit

Answers

Answer:

d)revenue

Explanation:

the landlord receives a percentage of revenue earned from any business in addition to the base rent.

In a percentage lease, the landlord receives a revenue. Option d is correct.

What is percentage lease?

A percentage lease is defined as one in which the tenant pays a base rent plus a percentage of any money generated while operating a company on the rental property.

A percentage lease pays the landlord a percentage of any business's revenue in addition to the base rent.

In comparison to a standard lease, the base rent is usually lower. The lower base rent is balanced out by the higher upside potential of a percentage lease.

Therefore, option d is correct.

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cost flow is in the order in which costs were incurred when using

Answers

Answers : last in, first out

Explanation:

Who carries the animal from the farm to the market or packer?
A. Producer
B. Proccessor
C. Transporter
D. Consumer

Answers

Answer:

was it a passage u had to read?

Explanation:

Answer:

Transporter

Explanation:

You are transferring the animal to the market from the farm.

according to the latest data, about 5% of smartphones are lost each year. true or false

Answers

The most recent statistics show that 5% of smartphones are lost annually. This statement is false.

According to the latest data, the statement that about 5% of smartphones are lost each year is not accurate. The actual percentage of smartphones lost each year varies depending on the source and methodology used to collect the data. However, the figure of 5% is higher than what is typically reported.

Several studies and surveys conducted in recent years have provided insights into smartphone loss rates. For example, a study conducted by Lookout Mobile Security in 2018 found that the loss rate for smartphones was around 4% globally. Another survey conducted by Pew Research Center in 2019 reported that 7% of respondents had lost their smartphones within the previous year.

It's important to note that smartphone loss rates can vary based on factors such as geographic location, individual behavior, and user demographics. Additionally, advancements in smartphone security features, such as biometric authentication and remote tracking, have contributed to a decrease in the overall loss rate over time.

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True/False: tips pay a coupon that consists of the sum of the stated coupon rate the cpi rate of inflation for the year under consideration

Answers

False. Tips (Treasury Inflation-Protected Securities) pay a coupon rate that is fixed at issuance and is adjusted for inflation based on changes in the CPI (Consumer Price Index) over the life of the security.

The stated coupon rate remains the same, but the actual coupon payment may vary depending on inflation.
True: TIPS (Treasury Inflation-Protected Securities) pay a coupon that consists of the sum of the stated coupon rate and the CPI (Consumer Price Index) rate of inflation for the year under consideration. This structure helps protect investors from inflation risk. tips pay a coupon that consists of the sum of the stated coupon rate the cpi rate of inflation for the year under consideration.

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It is a rainy day, and you are considering taking an Uber one mile to meet some friends. You have decided you are willing to pay $20 to avoid getting wet from the rain. The trip would normally cost you $8, but due to the weather the surcharge is triple the regular cost. You should _____ because the benefit to you of taking the Uber is _____ than the cost.

Answers

Answer:

I would say A or B I think B sounds more logical but im not sure.

Explanation: I hope its right:)

In preparing a company's statement of cash flows using the indirect method, the following information is available:Net income $ 52,000Accounts payable decreased by 18,000Accounts receivable increased by 25,000Inventories increased by 5,000Depreciation expense 30,000Net cash provided by operating activities was:

Answers

Answer:

Statement of cash flows using the indirect method

Net income                                                              $52,000

Adjustments to net income:

Depreciation expense $30,000Increase in accounts receivable ($25,000)Increase in inventories ($5,000)Decrease in accounts payable ($18,000)    ($18,000)

net cash flow provided by operating activities    $34,000

Describe the auto industry in terms of the five market characteristics

Answers

Answer:

comprises a wide range of companies and organizations involved in the design, development, manufacturing, marketing, and selling of motor vehicles. ... The word automotive comes from the Greek autos (self), and Latin motivus (of motion), referring to any form of self-powered vehicle.

The auto industry comprises a wide range of companies and organizations involved in the design, development, manufacturing, marketing, and selling of motor vehicles.

Why is the automobile industry?

Automobiles can increase the quality of life through increased mobility, comfort, and safety. The industry also contributes to job creation and skill development. Its numerous forward and backward links bring both direct and indirect employment.

What type of market is the automobile industry?

The US automobile industry is a good example of an oligopoly. It consists mainly of three major firms, General Motors (GM), Ford, and Chrysler. The influence of this oligopoly can be seen in the prices and the development and introduction of new car models into the American car market.

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What is division of labor? A. Another name for specialization, this is when an individual focuses on one specific skill in the field. B. This is when an individual focuses on many different skills and aspects of a business. C. This is when an organization can produce goods more cost effectively when it produces higher volumes of that good. D. This is when an organization is able to produce goods at a lower cost and sell for a lower cost to make a profit.​

Answers

Answer:

A

Explanation:

division of labour means breaking down the production process and giving to task to workers.


A person who is involved in the process of creating and managing a business to achieve his or her desired objectives is engaged in

Answers

Answer:

entrepreneur

Explanation:

An entrepreneur is an individual who initiates the process of creating and managing a business entity with profit motives. They start with developing a business idea and transform it into a successful venture. Entrepreneurs assume the risks associated with starting a new business. They risk their capital, time, and energy with the expectation to make profits.

Entrepreneurs are creative and innovative people. They spot business opportunities where others don't.  Entrepreneurs develop products and services that address the community's needs.

After a presentation is created, there is nothing left to do.
True
False

Answers

Answer:

false

Explanation:

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which type of stream channel is most common in flat areas? meandering, braided, sinous, or straight? PLEASE HELP ASAP Which of the following best describes the themeexpressed in this passageA) Standing up to friends can be just as hard as standing up to enemies B) its important to be quiet if you want to learn important lessonsC) Yelling is rude and something only evenly people doD) Neville Longbottom was courageous Point W is located at (-5, -3). Select all of the following that are 5 units from point W. Choose all answers that apply:A. (-5, 2)B. (8,5)C. (-5, 0) Please help !The kinetic energy of an object is the energy it has due to its motion. The kinetic energy E, in joules, of an object with a mass of m kilograms moving at v meters per second is modeled by the function - stimulants such as cocaine produce euphoria because they ______. Don't be ........ even in your hard times . ( impatient , cuddle) Verify that the quantity (k/N)Inr, where In,) is equal to the (mean) entropy of the given system. Show that this leads to essentially the same result for In T if we take, in the foregoing summation, only the largest term of the sum, namely the term Wint) that corresponds to the most probable distribution set. ISurprised? Well, note the following example: For all N, the summation over the binomial coefficients N!/Ir! (N-r!)l gives CNG, 2 r-0 therefore nCNIn2. Now, the largest term in this sum corresponds to r N/2; so, for large N, the logarithm of the largest term is very nearly equal to In(N!)-2In((N/2)!) N, N which agrees with (a).J A lender will make an 80% loan-to-value loan on a property that is appraised for $72,250 and sells for $73,500. If the buyer has saved $14,450 for a down payment, how much more (if any) will he need in order to make the down payment required under the terms of this loan? fasfasdasfsadasfsadsfasdsad the verb in Samuel and i Balloon dart probability question there r 2 pages Consider our Moon, a white dwarf, and a neutron star. Which of the following lists them in the correct order of size (diameter), from smallest to largest Use the given information to find the number of degrees of freedom, the critical values chi^2_L and chi^2_R, and the confidence interval estimate of sigma. It is reasonable to assume that a simple random sample has been selected from a population with a normal distribution. Nicotine in menthol cigarettes 90% confidence: n = 22, s = 0.29 mg. df = __ (Type a whole number.) chi^2_L = ___(Round to three decimal places as needed.) chi^2_R =___ (Round to three decimal places as needed.) The confidence interval estimate of sigma is mg < sigma < mg. (Round to two decimal places as needed.) On balance, is the Electoral College good or bad for AmericanDemocracy? Why? a) Can a 3 4 matrix have independent columns? Independent rows? Explain.b) If A is 4 3 and rank A = 2, can A have independent columns? Independent rows? Explain.c) If A is an m n matrix and rank A = m, show that m n.d) Can a nonsquare matrix have its rows independent and its columns independent? Explain.e) Can the null space of a 3 6 matrix have dimension 2? Explain.f) Suppose that A is 5 4 and null(A) = x for some column x 0. Can dim(im A) = 2? An athlete produced 840 watts of power in 0.6 seconds. How much work did this individual perform during the exercise attached to proteins stick out from the plasma membrane to define the cells characteristics and help cells identify chemical signals. The philosophy called _____ in the United States focused on learning of games, dance and sports, where a number of desirable cognitive and social attributes could be theoretically acquired. 0.5=1/3-|(x-3)/6+x| What is x? How do manage the hospitalization and surgery stress amongpatients? Discuss at least two methods