I’m working on a economics question and need support to help me understand better.Short Answer Questions 1.Over a working life, the average woman’s earnings peak at age 44, while for the average man the peak age is 55. First, use human capital theory to explain the general pattern of earnings over a working life. Second, why is the peak age different for men and women?2.Imagine that the economy is in a deep and very long recession that not related to the current COVID-19 situation.
A year into this recession, when a new monthly jobs report comes out it shows that while the employment from payroll tax records went down, the unemployment rate fell slightly. Use one of the “alternative” measures of unemployment to explain how this could have happened.3.Suppose that the city of Boston were proposing a law that would prohibit landlords from asking about previous evictions (or defaults on rent debt) on applications.
They are hoping this will create a more equitable housing landscape. As an economist, do you tell them that this is good policy? Why or why not? Would there be any unintended effects of the law?4.When considering the full set of effects of immigration on an economy, why does taking into account the sector(s) of economy and the average education of workers in that (those) sector(s)?
Requirements: 1 paragraph for each question