True/False/Uncertain Questions 

Q1. According to the predictions of utility-maximizing decisions under the assumptions of a standard labor supply model, a negative supply shock to the consumption good’s market due to a natural disaster or a pandemic such as COVID-19 will increase a worker’s hours of work. (20 points)

Q2. Refugees of the Syrian Civil War are citizens and permanent residents of Syria, who have fled their country over the course of the Syrian Civil War. Since the start of the Syrian Civil War in 2011, millions of refugees had crossed into other countries with most seeking asylum in Turkey, Lebanon, Europe and elsewhere. According to the theoretical models of immigration studied in this unit, one would conclude that employment conditions of the native workforce in any of these countries in terms of employment and wage levels in equilibrium might not be necessarily adversely affected and reduced. (20 points)

Q3. According to McKeown’s views, when lesser developed countries reduce the rate of poverty, their health outcomes improve. (20 points)

Q4. When wages increase, hospitals will hire more labor and invest in more technology. (20 points)

Answer rating: 100% (QA)

The detailed answer for the above question is provided below Q1 False A negative supply shock to the ... View the full answer